Altigreen partners with Muffin Green for financial solutions

The partnership will focus on making Altigreen’s electric three-wheelers more accessible to individuals, businesses, and fleet operators, fostering widespread adoption of these eco-conscious vehicles.

Bengaluru- Altigreen Propulsion Labs Pvt Ltd., has inked partnership with Muffin Green Finance to accelerate the adoption of eco-friendly transportation and promote green mobility solutions worldwide. The alliance is aimed at overcoming financial barriers in transitioning to electric mobility by making affordable financing options accessible for masses. As part of the partnership, Mufin Green Finance will finance a significant number of Altigreen’s electric three-wheelers.

The partnership will focus on making Altigreen’s electric three-wheelers more accessible to individuals, businesses, and fleet operators, fostering widespread adoption of these eco-conscious vehicles.

Shalendra Gupta, Co-Founder and CFO at Altigreen Propulsion Labs, stated, “We are thrilled to team up with Mufin Green Finance in our mission to make green mobility the new norm. Together, we aim to offer affordable and efficient electric three-wheelers that will not only benefit the environment but also empower businesses and communities.”

Pankaj Gupta, Chief Operating Officer of Mufin Green Finance said, “Through this collaboration, we seek to provide accessible financing options for customers interested in transitioning to electric vehicles. Together with Altigreen, we look forward to driving the transformation of the urban transportation landscape toward a greener and more sustainable future.”

Altigreen and Mufin Green Finance will target multiple markets to augment the use of EVs. It is focused on regions with high potential for electric three-wheeler adoption, such as urban areas with significant transportation needs and tier 2 cities where people look for sustainable yet affordable mobility alternatives.