Ashok Leyland Signs MoU with Drivn for E-CV Financing

Ashok Leyland has signed a Memorandum of Understanding with Drivn to provide customized financial options for its electric vehicle buyers. Under the partnership, Drivn will supply end-to-end financial, leasing, and fleet ownership solutions designed to lower upfront capital expenditure for fleet operators and businesses adopting electric commercial vehicles.

The agreement was signed by Niruban M, Head of Alternate Energy at Ashok Leyland, and Alpna Jain, Chief Business Officer and Co-founder of Drivn. The collaboration focuses on accelerating the deployment of zero-emission commercial transport across India by expanding flexible payment models for electric trucks and buses.

Sudip Dhali, Head of Marketing at Ashok Leyland, said, "This strategic partnership will further strengthen our market presence by making our innovative range of electric commercial vehicles more accessible to businesses across the country. Backed by cutting-edge technology and delivering an industry-leading total cost of ownership, our products are designed to maximize customer profitability."

"This collaboration reinforces our commitment to supporting businesses with accessible, tailored financial solutions that simplify vehicle ownership and enable growth. We aim to make electric commercial vehicle ownership simpler, more accessible, and more rewarding for our customers," said Alpna Jain, CBO and Co-founder of Drivn.