Tata Motors has partnered with Finzo EV Solutions Pvt. Ltd. (Turno), India’s first battery intelligence and lifecycle management company to simplify electric commercial vehicle ownership through customized EV financing solutions. Under the MoU, customers purchasing Tata Motors’ electric Small Commercial Vehicles and Pickups (e-SCVPU) will benefit from quicker loan disbursements, flexible repayment options and a 25% assured buyback guarantee, offering greater financial flexibility and confidence throughout the ownership journey.
Speaking on this occasion, Mr. Varun Nair, Director – Turno said, “At Turno, our mission is to accelerate the shift towards green, zero-emission mobility across India by making the EV ownership journey simpler and more rewarding. As electric commercial mobility gains momentum, customers need greater clarity and assurance around the value of their vehicle over its lifecycle. Our partnership with Tata Motors brings together customized financing and assured buyback support to address these needs and make the transition to electric mobility easier. By leveraging our expertise in battery intelligence and EV lifecycle management, along with our assured buyback programme, we are building greater certainty around the ownership and resale journey of electric commercial vehicles.”
Commenting on the initiative, Mr. Pinaki Haldar, Vice President & Business Head – SCVPU, Tata Motors Ltd., said, “Tata Motors is committed to democratising clean mobility and accelerating India’s transition towards sustainable last-mile logistics. While our e-SCVPU range is engineered to deliver superior performance, reliability, and operating economics, true adoption scales when vehicle ownership becomes simple, predictable, and worry-free. Our partnership with Turno strengthens our EV ecosystem by offering end-to-end ownership support to customers. By removing financing hurdles and safeguarding long-term resale value, we are empowering customers across the country to switch to zero-emission mobility with greater confidence.”
Tata Motors is strengthening its position in India’s electric commercial vehicle market with a broad e-SCVPU portfolio comprising the Ace Pro EV, Ace EV 1000 and Intra EV Pickup. Available in multiple load deck configurations and payload options, the vehicles cater to varied cargo and last-mile transportation requirements. Supporting this portfolio is an extensive EV ecosystem that provides access to more than 25,000 public charging points across 150-plus cities and over 200 dedicated EV support centres to ensure high vehicle uptime. Customers also benefit from lifecycle support through Sampoorna Seva 2.0, fleet monitoring via the Fleet Edge connected vehicle platform, and financing partnerships with leading banks, NBFCs and mobility financiers.
