Electric vehicle company Quantum Energy has announced a strategic partnership with I-Loan, the green-only finance arm of the LoanTap Group. This collaboration is designed to make Quantum Energy’s range of electric two-wheelers—including popular models like the Plasma, Milan, and Bziness—more accessible and affordable to consumers across India.
The partnership introduces flexible financing options tailored to ease the financial burden of purchasing EV scooters. I-Loan will offer Quantum Energy customers quick loan approvals with minimal paperwork, disbursals within 24-36 hours, and no hidden charges. By providing user-friendly financing, I-Loan aims to simplify the transition to sustainable mobility, enabling consumers to adopt electric transportation without significant upfront costs.
Mrs. Chakravarthi C., Managing Director of Quantum Energy, expressed optimism about the partnership, stating, “This collaboration with I-Loan is a milestone in making green mobility more accessible. With flexible financing and seamless processing, we are empowering more Indians to adopt eco-friendly two-wheelers while driving forward our mission to promote sustainable transportation.”
Rajeev Das, CEO of I-Loan, echoed the sentiment, saying, “We are thrilled to join hands with Quantum Energy, a brand that aligns with our vision for a sustainable future. By offering innovative financing solutions, we aim to make EV ownership affordable and hassle-free, ensuring electric mobility is within reach for a wider audience.”
The partnership extends support to Quantum Energy dealerships, equipping them with tools like QR codes for instant loan applications and on-ground assistance from I-Loan’s team. With a strong dealership network spanning states like Uttar Pradesh, Tamil Nadu, Andhra Pradesh, and Bihar, Quantum Energy is poised to expand its reach and meet growing demand for EV two-wheelers.
Founded in 2022 as a subsidiary of Kusalava International, Quantum Energy has rapidly established itself as a top-10 EV two-wheeler brand in India. With over 10,000 units sold and a strong focus on innovation, quality, and sustainability, the company continues to advance its vision of a greener transportation ecosystem.