Omega Seiki Mobility OSM partners with cKers Finance to provide retail finance for electric three wheelers
Source: https://www.theweek.in/wire-updates/business/2023/03/28/dcm63-ckers-finance.html
As an effort towards encouraging Electric Vehicle (EV) adoption in the country, Omega Seiki Mobility, an Anglian Omega Group Company and cKers Finance Private Limited ("cKers"), a non-banking financial company (NBFC) focused on financing climate friendly businesses including electric vehicles in India, has signed a Memorandum of Understanding. Through this tie-up, Omega Seiki Mobility customers for e3W loader category, can get their vehicles financed by cKers Finance.The EV market is projected to grow multi-fold over the next 5 years. Owing to the low total cost of ownership and robust quality vehicles, the electric 3-wheeler (e3W) loader segment is growing rapidly and there is a pressing need to meet the financing needs of the driver owner and the small fleet owner segments. OSM's wide range of three wheelers offerings allows customers to select vehicle suiting their requirements. "We have an existing order book of over 25,000 electric cargo vehicles. Financing is crucial to ensuring that Omega Seiki Mobility customers are able to choose the right EV Vehicle for smooth running of their operations, and at Omega Seiki Mobility, we are pleased to partner with cKers for the financing of OSM's wide range of electric three wheelers. This reflects our continued participation in India's journey towards a sustainable future."