Mahindra-Owned Quiklyz to Offer range of EVs For Leasing, Subscription in India
Mahindra, the largest Car producing company recently owned the other Company to offer Electric vehicles in India.
The company Quikyz said that in the present scenario it has the largest portfolio of EVs on the subscription platform.
Highlighted Facts
- Quiklyz plans to add some more Electric vehicles to its portfolio.
- The monthly subscription fees for the electric 3W power load start at 13,549 Rupees in India.
- The above fees which are chargeable are included insurance, maintenance, and roadside assistance.
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Mahindra Finance owned company Quiklyz as an arm of Mahindra Finance said that it will offer the widest range of the electric vehicle (EVs) for leasing and subscription to potential customers.
The company launched its platform last year in November and provide subscription for both retail and corporate customers. The platform also allows the customers to access the car without the issue of car ownership. It also takes care of the major services of the car as registration, insurance, maintenance both the scheduled and unscheduled as well as roadside assistance.
The platform also claimed to provide the multi-brand vehicle is said that it has the largest platform to deliver the EVs on the subscription platform and these will consist of the e-three, four-wheelers from Original Equipment Manufacturer (OEM), and the brand will be available to this platform are as follows as Tata Motors, Mahindra, Mercedes –Benz, MG Motors, Audi, Jaguars, and Piaggio.
The company also said that it is planning to add more EVs to its portfolio as it aims to develop exciting EV subscription products for its customers.
The senior vice-President and business head of Quiklyz said
“Quiklyz will continue to focus on EVs and will create an exciting platform for customers to have access to such vehicles in an affordable and hassle-free manner. All of this will be keeping India’s commitment to becoming carbon neutral by 2070,” said the publication.
The news announced that customers will have the flexibility to upgrade their vehicle in two or three years as per the availability of the new features in the changed car in newer EV launches going forward.
The subscription charge of the programme is about to start from 21,399 per month for 4W and 3W will be chargeable with 13,549. The fee will cover insurance, maintenance, roadside assistance, and upgrading the flexibility.
Suman Mishra, the CEO of Mahindra said “Leasing and Subscription are become important channels for our Electric3W specifically in the load segment to new-age enterprises. We look forward to continuing working with Quiklyz to provide such financing solutions for our customers.”