Thursday, June 22, 2023

Sipradi offers EV financing in 3 days

Kathmandu, June 21

Sipradi Trading, the official dealer of Tata Motors for Nepal, has announced a fast and simple vehicle financing facility for customers who want to buy their electric vehicle, which will be available from Sipradi and its dealers across the country.

As per the new scheme, up to 80 per cent of vehicle financing of Nexon EV and Tigor EV will be available within three days.

The said financing will be available at a minimum interest rate of 10.05 per cent by various A-class banks in the country, the company informed in a statement on Tuesday.

Tata Motors' EV vehicles will be available through the network of Everest Bank, Nabil Bank, NMB Bank, Global IME Bank, and Prabhu Bank.

Sipradi runs fast charging stations in 20 locations and service centres in 23 locations in Nepal. It said that there are plans to build more EV learning centres and training centres to further strengthen the efficiency of human resources.

Published in The Rising Nepal daily on 22 June 2023.

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