Ashok Leyland, the Hinduja Group’s flagship and India’s leading commercial vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with Drivn, a provider of financing and leasing solutions for electric commercial vehicles. The partnership will enable both companies to offer customised financial solutions to customers purchasing Ashok Leyland’s electric vehicles.
The MoU was signed by Mr. Niruban M, Head-Alternate Energy, Ashok Leyland, and Ms. Alpna Jain, CBO & Co-founder, Drivn, in the presence of teams from both companies. Under the agreement, Drivn will offer end-to-end financial solutions to Ashok Leyland’s EV customers, including flexible, customised financing, leasing, and fleet ownership options with convenient repayment terms. By lowering upfront capital investment and improving operational flexibility, the collaboration aims to accelerate e-truck adoption through affordable, customer-centric financing tailored to diverse business needs.
Mr. Sudip Dhali, Head-Marketing, Ashok Leyland, said the partnership will make the company’s electric commercial vehicle range more accessible to businesses nationwide, adding that its products are backed by advanced technology and deliver industry-leading total cost of ownership to maximize customer profitability.
Ms. Jain said the collaboration reflects Drivn’s commitment to offering accessible, tailored financing that simplifies vehicle ownership and supports business growth, aiming to make EV ownership simpler and more rewarding for customers.
