Mumbai, Feb. 10 -- Ecofy, a green-focused NBFC backed by Eversource Capital, has entered a strategic partnership with Ather Energy to provide financing for electric two-wheelers. Under the agreement, Ecofy plans to deployINR 1 billion in capital to support the purchase and ownership of Ather vehicles.

The collaboration is intended to improve access to green financing and address barriers to electric vehicle (EV) adoption, such as upfront costs and uncertainty regarding asset value.

Ecofy will serve as a preferred financing partner, offering Ather customers a range of options beyond standard vehicle loans:

The partnership combines Ather Energy's manufacturing and technology with Ecofy's retail-focused finance platform. The goal is to st...