The collaboration aims to simplify the loan process, enhance customer convenience, and accelerate electric mobility adoption in the Jammu and Kashmir region.Â
Okaya EV has forged a strategic alliance with J&K Bank to promote sustainable financing practices in electric mobility. This collaboration was cemented through the signing of a Memorandum of Understanding (MoU) between the two entities, emphasising the financing of electric two-wheelers manufactured and marketed by companies is poised to take on the role of the preferred financial partner for Okaya EV, offering tailor-made financing solutions to potential customers interested in acquiring various models of electric two-wheelers. The primary objective of this partnership is to simplify the loan process, enhance customer convenience, and ultimately advance the cause of electric mobility adoption in the Jammu and Kashmir region.
Dr. Anshul Gupta, Managing Director of Okaya EV, expressed enthusiasm about this strategic collaboration, stating, “We are thrilled to announce our partnership with J&K Bank through this significant agreement. This MOU marks the commencement of an exciting journey where we are dedicated to empowering consumers with innovative electric mobility solutions. Okaya Electric Vehicles aims to offer customers user-centric and environmentally friendly options through this collaboration, ensuring a seamless transition to a cleaner and greener future.
We look forward to redefining how people experience the world of electric vehicles together.”
Highlighting the significance of such partnerships, Mr. Narjay Gupta, General Manager of J&K Bank, commented, “Aligned with the national focus on energy efficiency, envisioning the fulfilment of at least half of its energy requirements through renewable energy by 2030, we are actively entering into partnerships as part of a significant journey to promote electric mobility while maintaining the high level of customer satisfaction that J&K Bank is known for.”
To avail themselves of the benefits of this partnership, customers can visit authorised Okaya EV centres across India, making it convenient to book and finance their preferred electric scooters. Customers can access the Okaya EV website for more detailed information, ensuring that they stay informed about this exciting opportunity to embrace sustainable electric mobility.
