Reliance Finance to provide financial services for Karry Brand EV Vans

KATHMANDU: LXG Motors Pvt. Ltd. and Reliance Finance Limited have signed a strategic agreement to provide financial solutions for Karry brand electric vans in Nepal.

The agreement was signed by Mr. Jitendra Lal Karna, representing LXG Motors Pvt. Ltd., the authorized distributor of Karry EV vans in Nepal, and Mr. Samaj Prakash Shrestha, Chief Executive Officer of Reliance Finance Limited.

As per the agreement, Reliance Finance Limited will offer convenient financial solutions for customers interested in purchasing Karry brand electric vans.

The primary objective of the collaboration is to make it easier for customers to acquire Karry Kevan 1 and Kevan 2 electric vans.

The Karry electric vans are equipped with a 53.58 kWh CATL battery, offering a claimed driving range of up to 300 kilometers on a single full charge.

The vehicles also feature a PMSM motor system, ABS, and other advanced safety features.

This partnership is expected to strengthen LXG Motors’ presence in Nepal’s electric vehicle segment through Karry EV vans and support customers by providing reliable solutions for their business mobility needs across the country.