Mahindra owned Quiklyz offers a range of electric vehicles for lease and subscription in India


Quiklyz, the vehicle leasing and subscription division of Mahindra Finance, has announced that it will offer prospective customers the broadest range of electric vehicles (EVs) for leasing and subscription. The digital platform Quiklyz, launched last November, offers a subscription program for private and corporate customers. It also gives customers access to new cars without the hassle of owning a car, as the company handles registration, insurance, scheduled and unscheduled maintenance, and roadside assistance, among other things.

The platform, which offers multi-brand vehicles, claims to currently have the largest portfolio of electric vehicles on the subscription platform, which includes both e-tricycles and four-wheelers from original equipment manufacturers (OEMs) such as Mahindra, Tata Motors, Mercedes-Benz, MG Motors, Audi, Jaguar and Piaggio.

Quiklyz plans to add more electric vehicles to its portfolio to offer exciting electric subscription products to its customers.

“Quiklyz will continue to focus on electric vehicles and create an exciting platform for customers to gain access to such vehicles in a cost-effective and hassle-free manner. All of this is in line with India’s commitment to becoming carbon neutral by 2070. “said Turra Mohammed, senior vice president and business head of Quiklyz.

According to the platform, customers have the flexibility to upgrade their vehicle in two to three years to keep pace with the ever-growing technology features with newer EV introductions in the future.

The program offers a monthly subscription fee starting at Rs. 21,399 per month for 4W electric and Rs. 13,549 for 3W electric load. This fee covers insurance, maintenance, and roadside assistance, as well as the flexibility to upgrade.

Mahindra Electric CEO Suman Mishra said, “Leasing and subscription are becoming important channels for our electric 3W, especially in the load segment for new age businesses. We look forward to continuing to work with Quiklyz to offer our customers such financing solutions.”

Check out the latest from the Consumer Electronics Show on Gadgets 360 in our CES 2022 hub.


Please enter your comment!
Please enter your name here