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Drivn and Energy in Motion have signed an MoU to deploy around 1,000 heavy-duty electric trucks in India over the next two years, combining vehicle supply, battery-swapping, financing, and fleet support solutions.
521 views | Date: April 22, 2026
Belgaum- Drivn Transition Pvt Ltd., an EV leasing platform focused on heavy commercial fleets, has signed a Memorandum of Understanding (MoU) with Energy In Motion Limited (EIM), an original equipment manufacturer of heavy-duty electric trucks with battery-swapping technology, to support the rollout of electric trucks across India.
As part of the partnership, the companies aim to deploy around 1,000 electric trucks over the next two years through Drivn’s customer network.
The collaboration brings together EIM’s strengths in electric truck manufacturing and energy solutions with Drivn’s expertise in leasing, financing, and fleet operations. The partnership is designed to improve access to electric heavy trucks while lowering adoption barriers for fleet operators.
Under the agreement, both companies will work jointly on vehicle supply, financing models, deployment planning, lifecycle management, and energy support. They will also identify deployment opportunities, finalise vehicle specifications, coordinate delivery schedules, and provide after-sales support, including maintenance, charging access, and battery-swapping solutions.
Mr. Manav Bansal, CEO and Co-founder of Drivn, said the growth of electric trucking in India will depend on its ability to deliver real commercial value for fleet operators. He noted that while interest in adoption already exists, wider transition will be driven by strong economics, reliable performance, and dependable day-to-day operations. He added that the partnership with Energy in Motion combines complementary strengths in vehicles, energy infrastructure, and financing, enabling a more practical and complete solution for customers.
Ms. Alpna Jain, Co-founder and Chief Business Officer at Drivn, said that for most fleet operators, the move to electric remains primarily a business decision. According to her, the shift depends on how simple the transition process is, how predictable the costs are, and how reliable the surrounding ecosystem feels. She added that this collaboration is focused on aligning vehicle supply, financing, and lifecycle support in a way that reduces complexity and makes electric adoption easier to assess and implement, especially for operators managing large and diverse fleets.
Mr. Narendra M. Murkumbi, Managing Director and CEO of Energy in Motion Limited, said the MoU reinforces EIM’s approach to addressing the challenges of electrifying heavy commercial vehicles at scale. He said the company’s model of selling vehicles without battery packs while offering charging services through swappable batteries supports more scalable adoption.
The partnership also builds on Drivn’s recent US$80 million commitment from Nomura, along with its ongoing collaborations across the electric mobility ecosystem, aimed at enabling coordinated deployment across vehicles, energy infrastructure, and fleet operations.
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