One of India’s leading vehicle leasing and subscription businesses, Quiklyz, has announced to offer its services for EVs in India. Being a business vertical of Mahindra & Mahindra Financial Services Limited, Quiklyz aims to provide leasing and subscription services for Indian customers. The new-age, digital-born platform will offer great convenience, flexibility, and choice to customers for new EVs across Indian cities.
Quiklyz currently sports the largest portfolio of four-wheeler EVs on its platform, including Mahindra, Tata Motors, and Mercedes-Benz. Other brands included on the platform are MG Motors, Audi, and Jaguar, along with three-wheeler OEMs like Mahindra and Piaggio. Quiklyz states that its services will allow customers to upgrade their EVs in 2-3 years, thanks to increasing technological features.
Service Cost
Since the current on-road prices of EVs is higher than petrol/diesel vehicles, customers tend to purchase them via bank loans. Therefore, customers eventually must end up paying a very high downpayment figure despite the lower running costs of an EV. Meanwhile, Quiklyz has no requirements for down-payments, and customers can pay INR 21,399 per month for the subscription.
Plans for the Future
Quiklyz states that the entire world is moving towards using alternative sources of energy for powering transport, which includes EVs. Therefore, to help raise environmental awareness, Quiklyz will focus on EVs by creating an exciting platform for new-age customers. The service provider has promised to make the process affordable and hassle-free to help India become carbon-neutral by 2070. This service will also greatly benefit electric three-wheelers, used by several e-commerce companies to conduct last-mile delivery in India.
Quiklyz also aims to add more EVs to its portfolio to create an exciting EV-based subscription product for customers. Its vehicle subscription model ensures no risk or uncertainties with regards to maintenance, battery life, resale value, and new technologies. Customers can check out Quiklyz’s official website in order to access various offerings and book their dream vehicle. The service will then facilitate the customers with a simple vehicle booking which includes the delivery journey for the customer.
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