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Quiklyz ties up with BluSmart to provide 500 EVs on lease

Quiklyz, the vehicle leasing and subscription business of Mahindra & Mahindra Financial Services Limited (Mahindra Finance/MMFSL), today announced its  tie-up with BluSmart Mobility, India's first and largest zero-emission passenger transportation service and platform. As part of this agreement, Quiklyz will provide custom leasing for up to 500 electric vehicles (EVs) to be deployed on BluSmart's 100% EV fleet, according to Quiklyz.

These vehicles would be used for the BluSmart's all-electric ride hailing services plying currently  in Delhi NCR through the BluSmart app.

The company said Quiklyz is a state-of-the-art car subscription and rental platform that offers broad products across various customer segments for passenger cars and commercial vehicles from all the leading OEMs in India.

Anmol Singh Jaggi, Founder and CEO of BluSmart said: “BluSmart, with its all-electric fleet, offers zero-flight rejection, zero-emissions and zero-exhaust emissions to make mobility more affordable. A better future. We needed to A partner that can create customized financing structures, the best levels of service in the industry, and at Quiklyz we have found the perfect leasing partner that meets these requirements. We look forward to continuing our partnership with Quiklyz, which will be beneficial to all.”

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Muhammed Tora, Senior Vice President and Principal of Quiklis, said: “We are committed to providing innovative leasing solutions to popularise electric vehicles in India, and we are delighted to be the leasing partner of choice for BluSmart, which has built a remarkable portfolio of EV fleet. We will continue to create the rental products needed in the electric vehicle sectors to drive the transformation towards a more sustainable future.”

BluSmart is currently operates in Delhi NCR and the company plans to expand its network to other major cities in India. It also operates large EV charging superhubs powering its own fleet of electric vehicles and provide services to others.

Quiklyz currently has the largest selection of electric vehicles on its rental and subscription platform. It provides both electric 4W as well electric 3Ws across OEMs including Mahindra, Tata Motors, Piaggio, Mercedes-Benz, etc. Quiklis' value proposition to its customers includes zero payment schemes, flexible rental options, no resale or maintenance issues, and much more, as per the press release.

Also Read: Warren Buffett strikes agreement to acquire Alleghany Corp for $11.6 billion

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