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Jitendra New EV Tech partners with Eduvanz to offer low-cost loans for JEV electric scooters
Jitendra New EV Tech, one of the fastest home-grown EV brands in the country, and Eduvanz, a digital FinTech NBFC, have joined hands to make electric two-wheelers more accessible across India. The two companies have teamed up to provide low-cost financing solutions for the Nashik-based EV manufacturers’ customers. The new range of solutions included auto loans at affordable interest rates. Eduvanz offers people interested in buying any electric scooter from the company&rsq...
Jitendra New EV Tech to supply 12,000 EVs worth INR 120 cr to FAE Bikes
Jitendra New EV Tech, one of the fastest growing EV brands in the country, has signed a Memorandum of Understanding (MoU) with FAE Bikes, a last mile logistics company, to supply 12,000 electric two-wheelers. According to this new deal, the Nashik-based EV maker will provide the aforementioned number of units of the JMT 1000 3K e-scooter to FAE Bikes over a period of one year. The value of the deal is estimated to be approximately ₹120 crore. The JMT 1000 3K makes use of a 1000 ...
