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Montra Electric signs MoU with Ecofy to offer financing solutions

Montra Electric, the electric vehicle brand of Murugappa Group, has partnered with Ecofy to provide financing solutions for the purchase of electric three-wheelers. This collaboration aims to facilitate the adoption of electric vehicles in India and overcome the financial barriers that hinder their uptake. The growth of EV passenger vehicles and cargo vehicles in the country emphasizes the need for accessible financing options.

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