Tata ACE EV: The clients of the well-liked Tata Ace EV, the leading seller of commercial cars in India, have received some major news. Tata Motors and State Bank of India (SBI) have signed a Memorandum of Understanding (MoU) to provide simple loans for the purchase of the Tata Ace EV, India’s most technologically advanced, zero-emission four-wheel commercial vehicle. Tata Motors will use this partnership to bring these solutions to customers by utilising SBI’s extensive network.
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Tata and SBI
Speaking about the partnership, Rajesh Kaul, vice president of sales and marketing for Tata Motors’ commercial vehicle division, said “The collaboration with SBI will fast-track the efforts towards sustainable mobility and support the nation’s net-zero aspirations.
Pravin Raghavendra, the SBI’s deputy managing director, stated, “We are proud to partner with Tata Motors in an endeavour to offer attractive financing options for the Ace EV. We are confident that the new financing scheme will help individuals and MSMEs in purchasing the state-of-the-art, eco-friendly electric mini-truck.”
Tata Ace EV key specifications
| Number of Tyre | 4 |
| Power | 36 hp |
| GVW | 1840 kg |
| Mileage | 154 kmpl |
| Engine | – |
| Fuel Tank | – |
| Payload | 600 Kgs |
| Chassis Type | Chassis with Cabin |
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