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VidyutTech, a commercial electric vehicle (EV) financing startup backed by Zephyr Peacock, Saison Capital, Force Ventures, and Alteria Capital, has launched an offline platform for the sales and financing of pre-owned EVs.

However, the company's foray into the reselling of EVs is currently limited to three wheeler commercial electric vehicles from Mahindra, Piaggio, Euler Motors, Greaves, Murugappa Group's Montra Electric and Altigreen.

Initially available in cities like Delhi NCR, Bengaluru and Hyderabad, Vidyut plans to expand its offline services to Mumbai, Chennai, Pune, Lucknow, Agra and Kanpur by FY25.

Besides, it also aims for an online marketplace in the next six months to facilitate purchase of used commercial EVs.
 

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