Leasing is becoming a key driver in electric vehicle (EV) sales in India, especially as the high upfront cost remains a barrier to adoption. Companies like Quiklyz, Ayvens, and Lithium Urban Technologies are witnessing significant growth in the EV leasing business. Fleet operators and logistics companies find leasing more economical than purchasing due to lower total cost of ownership and the ability to channel capital to other parts of their business. Leasing also offers flexibility and technology risk mitigation in the rapidly evolving EV industry.
ALD Automotive and LeasePlan unveils new global mobility brand in India indiantelevision.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiantelevision.com Daily Mail and Mail on Sunday newspapers.
ALD Automotive has successfully completed the acquisition of of LeasePlan, one of the world’s leading fleet management and mobility companies, from a consortium led by TDR Capital.
Maruti Suzuki ties up with ALD Automotive for subscription programme
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Customers will pay an all-inclusive monthly subscription charge starting at Rs 12,513 for Wagon R and Rs 13,324 for Ignis in Kochi (including taxes) for tenure of 48 months. After the completion of subscription tenure, the customer can also opt to extend, upgrade the vehicle, or buy the car at market price.
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The company’s other partners for subcription program include Orix Auto Infrastructure Services and Myles Automotive Technologies.
NEW DELHI: The country’s largest carmaker
Maruti Suzuki India Wednesday announced its partnership with ALD Automotive India, the operational leasing and fleet management business line of the Société Générale Group, for its subscription program.