Vidyut Launches Offline Pre-Owned EV Sales and Financing Platform

Bengaluru-based startup Vidyut has introduced an offline platform for sales and financing of pre-owned electric vehicles. Initially available in Delhi-NCR, Hyderabad, and Bangalore, the service aims to expand into six more cities by the fiscal year-end. Vidyut plans to launch an online marketplace within six months.

In a bid to revolutionize the electric vehicle (EV) market, Bengaluru-based startup Vidyut has announced the launch of its offline pre-owned EV sales and financing platform.

Initially available in Delhi-NCR, Hyderabad, and Bengaluru, the company aims to extend this offline offering into six more markets, including Mumbai, Chennai, Pune, Lucknow, Agra, and Kanpur, by the end of the fiscal year.

Vidyut also plans to debut an online marketplace within the next six months. The company's comprehensive service will manage the entire process from vehicle inspection to sale and RTO documentation. Currently, the platform focuses on electric commercial three-wheelers from brands like Mahindra, Piaggio, Euler Motors, Greaves, and Altigreen.