Greaves Cotton is boosting its EV ecosystem by investing INR 22 Cr in its wholly-owned subsidiary, Greaves Finance Limited (GFL). GFL specializes in financing electric 2-wheelers and 3-wheelers.

This capital infusion will strengthen GFL's balance sheet by capitalizing borrowings, enabling it to expand its lending operations and support the growing demand for e-mobility solutions.

This strategic move reinforces Greaves Cotton's commitment to the electric vehicle sector, providing crucial financial backing for its customers and driving future growth in the green mobility space.