Drivn and Energy in Motion Sign MoU to Deploy 1,000 Electric Trucks in India Over Two Years

Gurugram-based EV leasing platform Drivn and Energy in Motion (EIM), an associate venture of Ravindra Energy Limited and a manufacturer of heavy-duty electric trucks with battery-swapping technology, signed a Memorandum of Understanding on 21 April 2026 to deploy approximately 1,000 electric trucks across India through Drivn's customer network over the next two years.

The agreement covers vehicle supply, financing structures, deployment planning, lifecycle management, and energy support. Under the arrangement, the two companies will jointly identify deployment opportunities, align on vehicle specifications, manage delivery timelines, and provide after-sales support including access to charging and battery-swapping solutions.

"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," said Manav Bansal, CEO and Co-founder, Drivn.

"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," added Alpna Jain, Co-founder and Chief Business Officer, Drivn.

"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," said Narendra M. Murkumbi, Managing Director and CEO, Energy in Motion Private Limited.

The partnership follows Drivn's recent US$80 million commitment from Nomura and sits within a broader set of MoUs the company has signed across the electric mobility ecosystem. EIM, which began commercial operations on 1 August 2025, sells bare electric tractors without battery packs to transporters and provides battery packs, charging and swapping infrastructure, and energy supply through long-term contracts.