There was a tremendous advancement in India’s move toward cleaner roads. As leading electric vehicle (EV) leasing company for heavy commercial vehicles. Drivn, inked an agreement with Energy in Motion (EIM), a subsidiary of Ravindra Energy Limited, to introduce about 1,000 electric heavy commercial vehicles in two years' time. The MoU is not just another piece of paper; it is a realistic approach toward making electric vehicles available for daily use.
Manav Bansal, CEO and Co-founder, Drivn, said, “Scaling electric trucks in India will depend on how well they perform as a commercial solution for fleet operators. While intent to adopt is already there, the transition will be driven by clear economics, consistent performance, and dependable operations. This partnership with Energy in Motion brings together complementary strengths across vehicles, energy infrastructure, and financing, allowing us to offer a more complete and practical solution to our customers. We believe this will help fleet operators move to electric with greater confidence and at a more meaningful scale.”
Why This Partnership Is Significant
Owners of fleets have always complained about the high cost and challenges associated with shifting from traditional vehicles to electric trucks. The partnership between Drivn and EIM is working around this problem by combining each company’s advantages:
- Vehicle supply and technology: EIM contributes to the partnership through its battery-swapping trucks that reduce downtime through swapping batteries rather than charging them.
- Financial services and operations: Drivn takes care of the financial services required, including leases and customized financing options for customers.
- A full-package solution: Starting from planning the rollouts all the way through the maintenance and energy systems installation, everything is included.
Alpna Jain, Co-founder and Chief Business Officer, Drivn, added, “For most fleet operators, the shift to electric is still a business decision first. It comes down to how simple the process is, how predictable the costs are, and how reliable the overall ecosystem feels. Through this collaboration, we are aligning vehicle supply, financing structures, and lifecycle support in a way that reduces complexity for the end user. Our focus is to make the transition easier to evaluate and implement, especially for operators managing large and diverse fleets.”
The partnership uses the Drivn network to focus on industries such as logistics, e-commerce, and transporters of cement and steel. This partnership is being developed based on Drivn raising $80 million recently from Nomura.
Quick Company Overviews
Drivn: Rents out electric buses & trucks, along with technology for charging, storage batteries, & fleet management. Funded by worldwide investments, its entire premise is seamless transition for major transportation players.
EIM: Launched operations in August 2025, offering battery-less tractors, swapping facilities, & energy contracts (49.5% stake in EIM belongs to REL).
This step appears rather appropriate with the increased focus on EV initiatives in India. It will not be long before such trucks make their appearance on Indian highways.
Commenting on the announcement, Narendra M. Murkumbi Managing Director & CEO, Energy in Motion Private Limited, said “This MoU is further validation of the EIM approach to solving the entire EV challenge in heavy commercial vehicles by enabling scale and selling vehicles without battery pack and offering a charging service with swappable batteries.”
ELCTRIK Speaks
The MoU between Drivn and EIM can be seen as a game changer for the Indian electric truck market. Where 1,000 such trucks will come with intelligent battery swapping and leasing options. Making them efficient to use while generating profit as well. As more logistics companies invest, we may see a revolution in the industry.