Mahindra Finance’s Quiklyz to offer Electric Vehicles for leasing and subscription

After launching its business module last year, Quiklyz, the vehicle leasing and subscription business vertical of Mahindra Finance, announced that it would offer the widest range of electric vehicles (EVs) to potential customers. Quiklyz is a new-age digital-born platform that offers customers great convenience, flexibility, and choice across Indian cities.

Quiklyz currently has the largest portfolio of EVs on the subscription platform. The portfolio spans electric four-wheelers (4W) from leading OEMs offering electric vehicles including Mahindra, Tata Motors, Mercedes-Benz, MG Motors, Audi, and Jaguar. It also includes electric three-wheeler load vehicles from Mahindra and Piaggio for e-commerce fleet operators.

Customers will have the flexibility to upgrade their vehicle in two to three years, keeping in tune with ever-increasing technology features in newer EV launches going forward.

The EVs’ on-road price is currently higher than petrol and diesel vehicles, although the running cost is much lower. With Quiklyz, there is no requirement for a down payment, and monthly subscription charges for EV 4W starts from as low as INR 21,399 per month. This model ensures that there’s no risk or uncertainty about maintenance, battery life, resale value, etc., when it comes to adopting new technology.

The website will facilitate an extremely simple vehicle booking and delivery journey for the customer. Additionally, customers can also reach out to Quiklyz over email at [email protected] or call 1800-209-7845 for support.

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  • Maus p. 10 months ago
    Very nice initiative and business vertical considering started EVs evolution wave. Can Mahindra employee subscribe under CTC car policy and how's the process of charging to be done, staying in residential apartment non ground floor to understand before to subscribe per process applicable. Thanks, Keep going. Best Regards,