AUTO
Tata Motors, Turno Partner For EV Financing, 25% Buyback Guarantee
Tata Motors, India’s largest commercial vehicle manufacturer, has partnered with Finzo EV Solutions Pvt. Ltd. (Turno) to simplify the ownership of its electric small commercial vehicles and pickups (e-SCVPU), offering customers customised financing schemes and a 25% assured buyback guarantee. Under a memorandum of understanding (MoU), the partnership will provide buyers access to quicker loan […]
CW Bureau
·
Nov 11, 2026
STARTUP/TECHNOLOGY
Astranova Mobility Subsidiary Gets RBI Licence, Eyes ₹5,000-Cr Assets
Astranova Mobility, an electric vehicle financing and asset-management platform, has secured Reserve Bank of India (RBI) approval for its lending subsidiary, NovaFusion Capital, to operate as a non-banking financial company (NBFC). The licence was secured within 90 days, marking a step towards building a dedicated climate-financing platform. Astranova aims to achieve ₹5,000 crore in assets […]
CW Bureau
·
Oct 15, 2026
AUTO
Omega Seiki Mobility Taps AI To Put EV Battery Health Under The Lens
Omega Seiki Mobility (OSM) has entered into a strategic partnership with ELECTRA AI to integrate advanced battery health intelligence across its electric vehicle ecosystem, as the company seeks to improve battery performance, vehicle uptime and the residual value of EVs. The collaboration will enable OSM to deploy real-time battery monitoring, predictive analytics and State of […]
CW Bureau
·
Aug 18, 2026
AUTO
Ashok Leyland, Drivn Join Hands To Finance Electric Commercial Vehicles
Ashok Leyland, the flagship of the Hinduja Group and one of India’s leading commercial vehicle manufacturers, has signed a memorandum of understanding (MoU) with Drivn, a provider of financing and leasing solutions for electric commercial vehicles, to offer customised financial solutions to customers buying Ashok Leyland’s electric vehicles. The partnership is aimed at making electric […]
CW Bureau
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Aug 10, 2026
BANKING & FINANCE
Manba Finance Launches Battery Replacement Loans For E3Ws
Manba Finance Ltd, a non-banking financial company (NBFC) focused on vehicle financing, has launched a Battery Replacement Financing product to provide loans for purchasing new lithium-ion batteries for electric three-wheelers, including e-rickshaws and e-carts. The company said the new offering will enable customers to replace batteries when required through affordable, small-ticket, short-tenure loans, helping them […]
CW Bureau
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Jul 22, 2026
AUTO
VinFast Partners Shriram Finance To Bolster Electric Vehicle Financing
VinFast India, the Indian subsidiary of global electric vehicle manufacturer VinFast, has signed a strategic memorandum of understanding (MoU) with Shriram Finance Ltd (SFL), one of India’s largest retail-focused non-banking financial companies (NBFCs), to enhance access to vehicle financing and support the wider adoption of electric mobility in the country. Financing support for EV buyers […]
CW Bureau
·
Jun 23, 2026
