Hero Electric partners with Shriram City Union for finance solutions


New Delhi, Jan 13 (PTI) Electric two-wheeler maker Hero Electric has tied up with Shriram City Union Finance for loan facility for its vehicle buyers.

Hero Electric said in a statement on Thursday that the partnership aims to make electric scooters more affordable and attract cost-conscious buyers with financial solutions.

The company said that this partnership will allow customers to take advantage of a completely digital and paperless loan process with financing options available at all times across the country.

Sohinder Gill, Chief Executive Officer, Hero Electric, said, “Amidst the changing market and increasing preference for electric vehicles, we have realized that there is a need for strong finance schemes to boost the EV in electric vehicles. Easy and preferred financing schemes Environment friendly traffic will help.”