NEW DELHI :

PURE, a leading electric two-wheeler company dedicated to sustainable mobility solutions, is pleased to announce its partnership with SIDBI (Small Industries Development Bank of India) to deploy 20,000 electric two-wheelers (EV 2W) nationwide.

At the event hosted by SIDBI and World Bank India, PURE was honored to be chosen as a pioneering partner in the EVOLUTION program, enabling the deployment of 50,000 leased vehicles to aggregators and facilitating the seamless and sustainable adoption of electric vehicles.

PURE&39;s diverse range of commute segment vehicles, including the ETrance NEO, ePluto 7G, and ecoDryft models, have been empanelled for this ambitious initiative. Moreover, PURE has secured empanelment with IDBI, enabling easy fleet financing solutions for customers. This partnership aims to simplify the process of fleet acquisition, further encouraging the transition to sustainable transportation options.

Highlighting on this milestone, Mr. Rohit Vadera, Co-Founder and Chief Executive Officer, PURE EV, said, “I am thrilled to announce a significant milestone for PURE as we have been empanelled as an eligible OEM for EVOLVE-RSP/ EV4W scheme with SIDBI (Small Industries Development Bank of India) to deploy 20,000 electric two-wheelers (EV 2W) across India. This strategic collaboration not only reinforces our commitment to sustainable mobility but also positions us as a key player in driving the adoption of electric vehicles (EVs) nationwide. 

The esteemed recognition validates PURE&39;s commitment to transforming the transportation landscape by embracing clean and green mobility. With the generous financial support from SIDBI, we have the opportunity to make a substantial impact on the B2B and fleet segments”.

PURE EV has been expanding its product portfolio which is available via their 130+ exclusive dealerships across Pan India. The company plans to further expand its footprint across 300 cities by the end of 2023.