Ather Energy Teams Up with Ecofy for ₹100 Crore Green Financing Push on Electric Scooters
Ather Ecofy EV financing partnership has been announced with a ₹100 crore green financing plan aimed at electric two-wheeler buyers in India. The collaboration is focused on improving affordability and expanding access to electric mobility through tailored financing solutions.
Ather–Ecofy EV Financing Partnership Explained
Ecofy, a green-focused non-banking financial company backed by Eversource Capital, has partnered with Ather Energy to provide financing support across Ather’s electric two-wheeler ecosystem. The company will deploy ₹100 crore in capital as part of the arrangement.
Customers will gain access to multiple financing solutions including vehicle loans, leasing options, assured buyback structures and Battery-as-a-Service models. These offerings are intended to reduce upfront costs and improve the total cost of ownership for electric scooter buyers.
Ecofy will act as a preferred financing partner, combining its retail-focused green finance platform with Ather’s electric two-wheeler products and ecosystem.
What It Means for EV Buyers and India’s Electric Mobility Push
Ecofy leadership noted that clean transportation plays a key role in India’s green transition and that wider EV adoption depends on accessible financing solutions. The partnership aims to give customers greater confidence and flexibility when considering electric vehicles.
Ather Energy highlighted that financing remains an important factor in two-wheeler purchase decisions, especially for first-time EV buyers. Expanding financing options is expected to simplify the buying process.
Founded in 2013, Ather Energy manufactures electric scooters including the Ather 450 series and the family-focused Rizta line. The company also operates the Ather Grid charging network, with 4,357 fast and neighbourhood chargers installed globally as of December 31, 2025.
Overall, the collaboration is positioned to support broader electric mobility adoption across urban and emerging markets in India by improving financing accessibility.
