Raptee.HV partners with IDFC FIRST Bank to boost electric motorcycle financing

NEW DELHI: Electric motorcycle manufacturer Raptee.HV has announced a partnership with IDFC FIRST Bank to make electric motorcycle ownership more accessible by offering customers convenient and flexible financing solutions.

The collaboration is aimed at addressing one of the key barriers to electric vehicle adoption—affordable financing. Through the partnership, customers purchasing Raptee.HV motorcycles will benefit from attractive loan offerings, quicker approvals, flexible repayment plans, and a seamless financing experience integrated into the vehicle purchase journey.

Raptee.HV, which is pioneering the use of electric car high-voltage technology in two-wheelers, said the partnership reinforces its commitment to creating a comprehensive ownership ecosystem that simplifies the transition to electric mobility.

Speaking on the development, Dinesh Arjun, CEO and Co-Founder of Raptee.HV, said the company has consistently focused on eliminating friction points across the ownership journey, including charging, service, insurance, and financing. He noted that easier access to financing would help accelerate the adoption of electric motorcycles across India by reducing barriers associated with upfront purchase costs.

The agreement adds to Raptee.HV’s growing network of financial partners, which already includes Indian Overseas Bank and Shriram Finance. The company is also expanding its ecosystem through insurance partnerships, including an arrangement with Muthoot Risk Insurance and Broking Services for dealership-wide insurance support.

Industry experts believe that improved access to financing will play a crucial role in driving electric vehicle adoption, particularly in the two-wheeler segment, where affordability remains a key consideration for consumers. The partnership is expected to strengthen Raptee.HV’s market presence while supporting India's broader transition towards sustainable mobility.