Propel Industries and ICICI Bank Forge Strategic Alliance to Accelerate Electric Commercial Mobility

At Propel EV, we are building the future of heavy-duty transportation around power, productivity and profitability.

As India's Leading Electric Tipper Brand, Propel EV combines industry-leading load-carrying capacity, a long-life battery backed by a 5,000-cycle warranty, and purpose-built electric powertrains to deliver greater efficiency and stronger TCO for every operation.

The result is simple: More productive cycles. More profitable operations. Happier customers. Repeat customers.

Building on the existing relationship between Propel Industries and ICICI Bank, the two organisations are further strengthening their association with Propel EV to make the financing journey for Propel Electric Vehicles more accessible, seamless, and streamlined.

The partnership brings vehicle expertise and financial support into a more coordinated ecosystem, helping customers explore financing solutions alongside their electric commercial vehicle requirements. This can provide customers with a simplified point of access, greater financing convenience and a more seamless vehicle acquisition journey.

For businesses transitioning towards electric mobility, the collaboration is intended to reduce friction between vehicle selection and financing, enabling customers to evaluate their commercial EV investment with greater clarity.

By combining Propel Industries’ expertise in heavy-duty electric mobility with ICICI Bank’s financial capabilities, the partnership strengthens the support available to customers while contributing to the wider adoption of electric commercial vehicles.

The collaboration reflects a shared commitment to making electric commercial mobility more accessible, financially approachable and easier to adopt.

Propel Industries and ICICI Bank Forge Strategic Alliance to Accelerate Electric Commercial Mobility

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