Drivn Partners with Energy In Motion to Launch 1,000 Electric Trucks in India
EV leasing platform Drivn signs pact with Energy In Motion for 1,000 EV trucks
The Economic TimesImage: The Economic Times
Drivn, an electric vehicle leasing platform, has partnered with Energy In Motion to deploy approximately 1,000 heavy-duty electric trucks across India over the next two years. This collaboration aims to enhance access and reduce barriers for fleet operators through combined expertise in vehicle supply, financing, and operational support.
- 01Drivn will deploy 1,000 heavy-duty electric trucks in collaboration with Energy In Motion.
- 02The partnership focuses on improving access for fleet operators and reducing entry barriers.
- 03Support includes vehicle supply, financing, deployment planning, and after-sales service.
- 04The collaboration aims to simplify the transition to electric vehicles for fleet operators.
- 05Drivn has secured an $80 million commitment from Nomura to support its electric mobility initiatives.
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Drivn, an electric vehicle leasing platform based in Mumbai, has signed an agreement with Energy In Motion (EIM) to deploy 1,000 heavy-duty electric trucks across India over the next two years. This partnership combines EIM's expertise in vehicle manufacturing and energy infrastructure with Drivn's leasing and financing capabilities. The collaboration aims to enhance access for fleet operators by providing comprehensive support that includes vehicle supply, financing structures, deployment planning, and after-sales services such as maintenance and charging solutions. Manav Bansal, CEO of Drivn, emphasized that the success of electric trucks in India hinges on their performance as a commercial solution for fleet operators, highlighting the importance of clear economics and dependable operations. Additionally, Drivn's recent $80 million commitment from Nomura underscores its dedication to advancing electric mobility in the country. The partnership is designed to simplify the transition to electric vehicles for fleet operators, making the process more predictable and reliable.
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This partnership could significantly ease the transition for fleet operators to electric vehicles, potentially lowering operational costs and enhancing sustainability in logistics.
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