Kathmandu. LXG Motors and Reliance Finance Limited have signed a strategic agreement to provide financing solutions for the Carry brand of electric vans.

Jitendra Lal Karna of LXG Motors Pvt. Ltd., the authorized distributor of carry EVs in Nepal, and Samaj Prakash Shrestha, CEO of Reliance Finance signed the agreement on behalf of their respective organizations.

As per the agreement, Reliance Finance will provide a convenient financial solution for customers looking to purchase an electric van under the Carry brand. The main objective of the partnership is to provide a hassle-free financial solution to customers who want to purchase Kayvan 1 and Kayvan 2 vans under the Carry brand.

These electric vans are powered by a 53.58 kWh CATL battery that can provide a range of up to 300 km on a single charge. Additionally, these EVs are equipped with PMSM motor system, ABS and other safety features.

This partnership enables LXG Motors to expand its strong presence in the electric vehicle segment across Nepal with the carry EV and provide reliable support to customers’ business journey.