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GT Force and CASHe Green Join Forces for EV Financing

GT Force and CASHe Green offers easy financing for GT Vegas and GT Ryd Plus with quick, paperless approvals and competitive rates for young buyers.

Date: October 29, 2024

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GT Force and CASHe Green Join Forces for EV Financing

Haryana - Houstan Innovations LLP (GT Force), an electric two-wheeler manufacturer, has teamed up with CASHe Green, the e-mobility AI-driven platform, to simplify financing for its electric models, including the popular GT Vegas and GT Ryd Plus.

The partnership offers customers competitive interest rates, quick disbursals, and a paperless process with digital KYC, agreements, and personalized loan plans. These solutions make eco-friendly vehicles more accessible to millennials and Gen Z buyers.

The GT Vegas model, with a 1.5 kWh lithium-ion battery, offers a 70 km range and 25 km/h top speed. The GT Ryd Plus, with a 2.2 kWh battery, extends to 95 km range at the same top speed. Both cater to eco-conscious buyers. Following collaborations with Ecofy, ESAF Small Finance Bank, and LoanTap, GT Force's partnership with CASHe Green boosts their financing solutions across India.

Mr. Mukesh Taneja, Co-Founder and Managing Director of GT Force, said, “The demand for low-speed two-wheelers is growing rapidly, yet there are very few companies offering retail financing options for this segment. Our collaboration with CASHe Green not only addresses this gap but also enhances the overall customer experience. We are confident that by providing seamless financing solutions, we can empower more individuals to transition to eco-friendly mobility and make a positive impact on the environment.”

Mr. Yashoraj Tyagi, CEO of CASHe, said, “Overcoming traditional barriers to credit, young consumers are being empowered to confidently invest in low-speed electric two-wheelers, enabling them to be part of the green mobility revolution. This partnership not only encourages eco-friendly transportation but also redefines financial accessibility, fostering inclusivity and supporting a greener, more sustainable future for all.”

GT Force dealers will receive support and training to facilitate CASHe Green’s financing options, including QR codes for instant pre-approval checks. Currently operating 40 dealerships in states like Haryana, Punjab, Uttar Pradesh, and Madhya Pradesh, GT Force plans to expand to 100 showrooms by the end of 2024, extending the reach of eco-friendly two-wheelers and leveraging this financing partnership.

GT ForceCASHe GreenEV Financing
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