Warivo Motor Pvt Ltd, a leading Indian manufacturer of electric two-wheelers, has announced a strategic agreement with CleverPe, a prominent financing company. This collaboration intends to make electric vehicles (EVs) more accessible and affordable to customers through flexible financing options, including tailored EMI plans for both low-speed and high-speed electric vehicles.
This alliance intends to lower the financial burden on purchasers, making clean mobility accessible to a wider audience. Dealer partners will substantially benefit from this partnership as it will enable them to offer easy financing solutions, thereby enhancing their ability to serve their customers and boost retail sales. Furthermore, based on the parameters agreed upon with CleverPe, consumers may receive specific advantages such as lower interest rates, longer EMI terms, and promotional offers, making the financing scheme even more appealing.
Warivo customers will be able to leverage financing support that will spread the cost of the EV purchase over a period making it easier to manage expenses while transitioning to electric mobility. By offering financing solutions for both high-speed and low-speed electric vehicles, with a unique focus on the often-underserved low-speed segment, Warivo is addressing a crucial need-gap in the market. A wider range of customers can benefit from the advantages of electric vehicles, promoting a shift from traditional fuel-powered vehicles to cleaner alternatives.
Speaking on the announcement, Shammi Sharma, CEO of Warivo Motor commented, “Our collaboration with CleverPe marks a key milestone in our quest to promote the adoption of electric vehicles in India by providing cost-effective solutions for all. With flexible financing alternatives, we are making personal electric mobility easily available to a larger customer base – the idea is to positively assist India’s shift to cleaner mobility solutions.”
Speaking about the partnership, Manveer V, Founder of CleverPe, stated, “We are thrilled at the partnership with Warivo Motor as it aligns perfectly with our commitment to providing innovative financing solutions that empower consumers. By offering tailored EMI plans and special incentives, we are keen to make it easier for people to embrace electric vehicles and contribute to a greener future. We look forward to supporting the Warivo team in their vision for a cleaner, greener India.”
This collaboration comes at a crucial time when demand for electric vehicles in India is rising due to increasing fuel prices and growing environmental awareness. By lowering financial barriers, Warivo Motor and CleverPe are playing a vital role in supporting India’s push towards sustainable transport and reduced carbon emissions.
Warivo Motor India Pvt Ltd is a pioneering electric two-wheeler manufacturer, established in 2018 and headquartered in Gurugram, Haryana. Dedicated to driving sustainable mobility, Warivo is rapidly gaining recognition for its high-performance electric scooters.
Leveraging a state-of-the-art manufacturing facility in Ellenabad-Sirsa, the company produces cutting-edge vehicles aiming to cater to the evolving needs of Indian consumers.
With a commitment to quality, innovation, and customer satisfaction, Warivo is steadily redefining the two-wheeler electric mobility landscape in India. The company is poised to become a leading force in the industry, offering trusted, superior products and services to customers nationwide.
About Clever PE:
CleverPe is a new age tech-buddy of every Indian simplifying their payment methods through an instant, card-less & hassle-free affordability solutions like Buy Now Pay Later & No Cost EMIs. Through their omni channel presence, a customer can pay on EMIs/credits for any product or services either at offline partner merchants or on online platform through www.cleverpe.com
CleverPe also offers an exclusive “Buy Now Pay Later” marketplace connecting customers with their local merchant partners where a customer can buy anything and everything on interest free credits instantly issued on platform.
CleverPe brings revolution in providing on-the-fly card-less credits to customers with just their NAME & MOB NO in just 2 MINUTES. Not asking for any income proof or KYC documents or demographic details.
