April 15, 2021

Etrio launches leasing scheme for cargo e-three-wheeler Touro Mini, rental ranging from Rs 6,300

EV startup Etrio on Thursday launched a car leasing scheme for its newly launched cargo e-three-wheeler Touro Mini, providing clients a month-to-month rental ranging from Rs 6,300 for a most interval of three years.

The three-wheeler phase accounts for over 90 per cent of the general EV gross sales within the nation however the majority of it has been led by the unorganised e-rickshaw market, with lead-acid batteries, poor construct high quality, quite a few breakdowns, and lack of stability of the product, the corporate stated in a launch.

Touro Mini is the signature low-speed e-auto designed, which goals to set a brand new benchmark amongst the e-rickshaws / e-loaders available in the market, it stated.

With an purpose of electrifying intracity logistics. Etrio has launched a pretty leasing mannequin, ‘e-lease’ for its made-in-India cargo three-wheeler Touro Mini with a straightforward month-to-month rental ranging from simply Rs 6,300 monthly for a tenure of three years, it stated.

Beneath the scheme, companions can stay asset-light with out having any issues about upkeep, it stated including with a minimal lock-in interval of 18 months and by simply paying Rs 20,000 because the first-month instalment the car will likely be made accessible to the client for on-road use, it stated.

The following month-to-month EMI’s begin from Rs 6,300 for the remaining tenure of 35 months, it stated.

The E-Lease plan additionally provides the B2B clients the choice to incorporate the 80 cu.ft. load physique, insurance coverage, telematics, and registration fees into the e-lease plan, stated the discharge.

Etrio plans to have this leasing choice rolled to pick out just a few purchasers primarily based on their monetary viability. The minimal order to avail the leasing choice is 25 autos, it added.

“Because the launch, we’ve been repeatedly getting quite a few inquiries for straightforward financing of our autos. E-Lease will present a hassle-free possession expertise for key enterprise shoppers by being asset-light of their books and propel Touro Mini to develop into an undisputed market chief. We’re additionally prepared with the Touro Mini Passenger variant which will likely be launched by means of our Seller channel,” stated Deepak MV, Co-founder and Chief Govt Officer. Etrio.