Quiklyz Partners With BluSmart To Provide 500 Electric Vehicles On Lease

Quiklyz, the vehicle leasing and subscription business of Mahindra & Mahindra Financial Services (Mahindra Finance) has announced entering into a tie-up with electric vehicle (EV) ride-hailing platform, BluSmart Mobility. Under the new partnership, Quiklyz will provide a customised lease for up to 500 electric vehicles to BluSmart, which will be added to the latter's EV fleet. BluSmart will deploy the vehicles in the Delhi NCR region and would be used for its all-electric ride-hailing services, which is currently offered via the BluSmart app.

Commenting on the partnership, Mohammad Turra, Senior VP & Head, Quiklyz said, "We are committed to providing innovative leasing solutions to popularise Electric Vehicles in India and 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 necessary leasing products across EV segments to drive the change towards a more sustainable future."

BluSmart currently operates in the Delhi NCR region with a 100 per cent EV fleet, and the company plans to expand its network into other major cities across India

Adding to this, Anmol Singh Jaggi, Founder & CEO, BluSmart said, "We needed a partner who could create bespoke financing structures, industry-best service levels and in Quiklyz we found the ideal leasing partner fulfilling these requirements. We look forward to our continued partnership with Quiklyz which would be a win-win for all".

BluSmart currently operates in the Delhi NCR region with a 100 per cent EV fleet, and the company plans to expand its network into other major cities across India. The company also operates large EV charging Superhubs powering its own EV fleet as well as offering charging infrastructure to others.

On the other hand, Quiklyz claims to have the largest portfolio of electric vehicles (EVs) on its leasing and subscription platform, offering products across various customer segments for passenger and commercial vehicles from all leading OEMs in India. The company's current portfolio includes electric 3- and 4-wheelers from brands like - Mahindra, Tata Motors, Piaggio, and Mercedes-Benz among others.