Greaves Cotton’s wholly owned subsidiary -- Greaves Finance has introduced a groundbreaking financial platform called ‘evfin’. This platform aims to revolutionise the world of electric vehicle (EV) financing and more.
The Economic Survey 2023 highlights the pivotal role of the automotive industry in the shift towards green energy. It predicts that the domestic EV market will experience a remarkable compound annual growth rate (CAGR) of 49% from 2022 to 2030, with an anticipated annual sales volume of one crore units by 2030.
To expedite the transition towards electric vehicles amidst their increasing adoption, it is crucial to address the complete lifecycle journey of EV usage for consumers, evfin offers an unprecedented suite of innovative experiences. This suite ensures a superior EV journey throughout the ownership lifecycle, providing accessible and cost-effective financing options.
Greaves Cotton commonly known as Greaves is one of the leading and diversified engineering companies in India with a rich legacy and brand trust of over 160 years impacting a million lives every day.
