Quiklyz, the vehicle rental and subscription business of Mahindra & Mahindra Financial Services Limited, today announced its combination with BluSmart Mobility.
BlueSmart is India’s first and largest emission-free transportation service and platform.
Under the agreed terms, Quicklyz will provide a customized lease for up to 500 electric vehicles (EVs) to be deployed across BluSmart’s 100% EV fleet. The company will deploy these vehicles in the Delhi NCR region and will be used to BluSmart all electric transport services currently in the NCR through BlueSmart’s app. He also plans to expand his foothold in other major cities in India.
Mohammad Turra, Senior Vice President and Managing Director of Quiklyz, said, “We are committed to providing innovative leasing solutions to popularize electric vehicles in India and we are pleased to be the leasing partner of choice for BluSmart. We will continue to develop the necessary leasing products across all EV segments to fuel change towards a more sustainable future.”
Quiklyz is the new era vehicle rental and subscription platform with a wide range of products across multiple customer segments for passenger and commercial vehicles from all major OEMs in India.
M&M Finance closed at Rs160.30 up Rs2.95 or 1.87% from its previous close of Rs157.35 on BSE. Its certificate touched today’s high and low of Rs160.85 and Rs155.45 respectively
