{"id":317,"date":"2023-06-12T17:25:37","date_gmt":"2023-06-12T11:55:37","guid":{"rendered":"https:\/\/carsecar.com\/?p=317"},"modified":"2023-06-12T17:25:38","modified_gmt":"2023-06-12T11:55:38","slug":"hsbc-india-partners-with-tata-motors-to-promote-mass-adoption-of-electric-vehicles","status":"publish","type":"post","link":"https:\/\/carsecar.com\/index.php\/2023\/06\/12\/hsbc-india-partners-with-tata-motors-to-promote-mass-adoption-of-electric-vehicles\/","title":{"rendered":"HSBC India partners with Tata Motors to promote mass adoption of Electric Vehicles"},"content":{"rendered":"\n


Kochi, June 12, 2023: HSBC India is excited to announce its partnership with Tata Motors, the leading automobile manufacturer in India and a pioneer in the country’s electric vehicle (EV) revolution. Together, they have introduced a corporate employee financing solution aimed at accelerating the adoption of zero-emission Electric Vehicles. This collaboration aligns with the shared vision of both organizations to promote sustainability, decarbonize road transport, and pave the way for a greener and cleaner future.<\/p>\n\n\n\n

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Customers who hold a salaried account with HSBC India now have the opportunity to apply for a unique and tailored loan to purchase an electric vehicle of their choice from Tata Motors’ impressive EV portfolio. Under this scheme, customers can avail a loan with several benefits, including zero down payment, no hypothecation, low processing fees, and no documentation charges, among others. This simplified and attractive EV buying process is designed to cater to all prospective customers. Additionally, customers opting for this loan will receive a special accessory kit for their Tata EVs, enhancing their ownership experience.<\/p>\n\n\n\n

Shri Suman Bery, Hon’ble Vice Chairman of NITI Aayog, commented on this partnership, saying, “Decarbonization is a key agenda for our Government, as reflected in the country’s updated Nationally Determined Contributions. We welcome the efforts of HSBC India and Tata Motors in creating awareness and promoting access to EVs, along with their commitment to India’s larger vision of transitioning towards green mobility solutions.”<\/p>\n\n\n\n

Mr. Shailesh Chandra, MD of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, expressed his delight with the partnership, stating, “We are thrilled to collaborate with HSBC India as we work towards accelerating the mass adoption of sustainable mobility in the country. With over 85,000 EVs on the road, Tata Motors leads this fast-growing segment. Our range of new-age vehicles offers customers the freedom to choose the EV that best suits their needs. This partnership with HSBC India will further expand the appeal and reach of customers who prefer to Go.ev.”<\/p>\n\n\n\n

Highlighting the significance of this collaboration, Hitendra Dave, CEO of HSBC India, said, “The road transportation sector in India contributes significantly to the country’s carbon emissions. It is therefore crucial that we act swiftly and support the widespread adoption of electric vehicles. To make this happen, all stakeholders in the ecosystem must come together as a unified force and drive this transition. Our partnership with Tata Motors, India’s leading EV manufacturer, will leverage the synergies of our shared vision and help facilitate a sustainable shift towards a net-zero economy.”<\/p>\n\n\n\n

Tata Motors has been at the forefront of revolutionizing the Indian automotive market, leading the way in e-mobility. The current product portfolio includes the Tiago.ev, the “Fastest Booked EV in India” and the fastest EV to reach 10,000 deliveries, the Nexon EV \u2013 India’s highest-selling EV, and the Tigor EV.<\/p>\n\n\n\n

For more detailed information about Tata Motors’ EV products, please visit: https:\/\/ev.tatamotors.com<\/a><\/p>\n\n\n\n

For more details on the HSBC product, please visit: https:\/\/www.hsbc.co.in\/loans\/products\/personal\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Kochi, June 12, 2023: HSBC India is excited to announce its partnership with Tata Motors, the leading automobile manufacturer in India and a pioneer in the country’s electric vehicle (EV) revolution. Together, they have introduced a corporate employee financing solution aimed at accelerating the adoption of zero-emission Electric Vehicles. 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