Drivn Partners with Energy In Motion to Lease 1,000 Electric Trucks

Drivn Partners with Energy in Motion to Deploy 1,000 Electric Trucks in India

Drivn, a leading electric vehicle (EV) leasing platform, has announced an initial pact with Energy In Motion (EIM), an original equipment manufacturer (OEM) for heavy-duty electric trucks, to deploy around 1,000 such vehicles pan-India over the next two years. This collaboration aims to improve access and reduce entry barriers for fleet operators by combining EIM's vehicle and energy capabilities with Drivn's leasing, financing, and operational model.

Under the agreement, the companies will jointly identify deployment opportunities, align on vehicle specifications, manage delivery timelines, and provide after-sales support, including maintenance and access to charging and battery-swapping solutions. Energy in Motion is an associate venture of Ravindra Energy Limited (REL) and OEM for heavy-duty electric trucks featuring battery-swapping technology and solutions provider.

The partnership is expected to provide a more complete and practical solution to Drivn's customers, leveraging the complementary strengths of both companies across vehicles, energy infrastructure, and financing. The success of electric trucks in India will depend on their performance as a commercial solution for fleet operators, with the transition driven by clear economics, consistent performance, and dependable operations.

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Drivn has received a USD 80 million commitment from Nomura and has ongoing MoUs across the electric mobility ecosystem, supporting coordinated deployment across vehicles, energy, and fleet operations. The company believes that this partnership will help fleet operators move to electric with greater confidence and at a more meaningful scale.

The shift to electric for most fleet operators is still a business decision first, driven by the simplicity of the process, predictability of costs, and reliability of the overall ecosystem. Drivn aims to reduce complexity for the end user through this collaboration, aligning vehicle supply, financing structures, and lifecycle support in a way that makes electric mobility more accessible and appealing to fleet operators.