Kathmandu: thee GO and Reliance Finance Limited have entered into a strategic partnership to provide competitive financing options for electric vehicle (EV) buyers in Nepal. This collaboration, officially commenced on 10th Magh 2081, marks a significant step towards making sustainable transportation more accessible.
Under the agreement, Reliance Finance will offer loans covering up to 70% of the vehicle’s cost. These loans come with attractive interest rates, flexible repayment terms, and personalized consultation throughout the application process. The financing options will be available for all of thee GO’s commercial EV models, including 11-seater, 14-seater, 16-seater, and 19-seater vehicles.
The agreement was formalized with the signing by Mr. Saurab Shrestha, CEO of thee GO Group of Companies, and Mr. Samaj Prakash Shrestha, CEO of Reliance Finance Limited. This partnership aims to enhance customer convenience for individuals and businesses looking to transition to eco-friendly mobility solutions.
With Reliance Finance’s nationwide presence, customers can now apply for EV financing at any of their branches across Nepal. This initiative not only simplifies the purchase process but also encourages the adoption of environmentally sustainable transportation solutions.
thee GO, guided by their mission of “Mission Zero Emission,” is dedicated to fostering a robust electric vehicle ecosystem and promotes sustainability in Nepal. Beyond sales, they provide comprehensive services, including maintenance, spare parts, EV rental and leasing, sustainable rest stops and charging infrastructure, through their sister companies.
This partnership represents a step forward in promoting environmental and economic sustainability by reducing reliance on fuel-powered vehicles and supporting Nepal’s shift toward clean, self-sustaining electric energy solutions.
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