Hero Electric enters into strategic partnership with Wheels EMI Pvt Ltd to boost Electric 2W sales

Hero Electric, India’s largest EV two-wheeler company today announced its collaboration with Wheels EMI Private Limited to offer easy financing options for the purchase of electric two-wheelers in India. Hero Electric currently sells over 10,000 two-wheelers every month, of which 40% comes from rural pockets of India. With this partnership, the company expects a rise in sales and is projected to double them over last year by 2021 With rising fuel prices and modification in the FAME-II subsidies, there has been a rapid growth in the number of customers who want to become a part of the Green revolution by opting for an EV two-wheeler. To further facilitate and help consumers make a quicker buying decision, consumers can now fulfil their dream of going Electric by purchasing a brand new Hero EV through a wide array of finance options offered by Wheels EMI. This partnership also offers extra benefits to Hero Electric customers like attractive interest rates, flexible tenure options and affordable EMIs as per customer eligibility. As a Preferred Financial Partner, Wheels EMI will provide Hero Electric customers with simple and fast disbursals with minimum documentation. Wheels EMI is currently offering lending solutions to Hero Electric’s customers across 10 states covering