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EV bike-maker Matter partners with OTO

By Pushpa Kumari S
/
13 Feb 2024
blog
Matter AERA e-bikes

Matter Group and OTO Capital are partnering to streamline bookings for the upcoming electric bike, set to begin in the next 90 days.



OTO will assist buyers with financing for Matter AERA purchases, offering 35% lower EMI options than other financiers. The collaboration aims to promote electric vehicle (EV) adoption in smaller towns and cities, addressing potential financing challenges in those areas. OTO plans to expand its presence to 30-35 cities, including Mysore, Tumkur, and Mangalore, while simultaneously increasing its EV portfolio from 20-22% to 40%.

OTO and Matter Group are partnering to streamline bookings for the upcoming electric bike