Jio-bp (the operating brand of Reliance BP Mobility Limited, a joint venture of Reliance Industries and bp), a leading provider of EV charging services and solutions, has signed a Memorandum of Understanding (MoU) with DRIVN, an electric vehicle leasing platform focused on accelerating the adoption of commercial EVs, to explore opportunities to strengthen charging infrastructure […]
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Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics service providers, has deployed Blue Energy Motors’ electric heavy-duty trucks as part of its commitment to sustainable mobility. The vehicles were flagged off at Gateway Distriparks’ ICD Garhi Harsaru, Gurugram facility and will support commercial freight movement within the company’s transportation network. Mr. Samvid Gupta, […]
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UltraTech Cement Limited, the world’s largest cement company by sales volume and capacity outside China, has announced plans to scale up its electric vehicle fleet in logistics operations to over 600 EV trucks by December 2026. The company has signed service contracts with leading EV manufacturers including Tata Motors, Ashok Leyland, IPLTech, Energy in Motion, […]
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Drivn, an EV leasing platform focused on heavy commercial fleets, has signed a Memorandum of Understanding (MoU) with Tata Motors, India’s largest commercial vehicle manufacturer, to explore leasing-based deployment of electric commercial vehicles in India. Under the partnership, Drivn will offer customised leasing solutions for Tata Motors’ electric commercial vehicle portfolio, helping fleet operators transition […]
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The MD & CEO of the company Mr. Girish Wagh credited the quarter’s growth to a strong product portfolio, sharp execution, and discipline, while highlighting EV momentum. At its Q1FY27 earnings call held last evening, Mr. Wagh gave an indication of how the company managed rising costs while betting big on both electric vehicles and […]
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The Ministry of Heavy Industries has extended the tenure of the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme by two years, taking its implementation period from 31 March 2026 to 31 March 2028. Originally notified on 29 September 2024 with an outlay of ₹10,900 crore for a two-year period, the scheme […]
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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 […]
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Montra Electric and Wonder Cement have announced the deployment of around 250 heavy-duty electric trucks — the Rhino 5538 EV 42 TT — across a 1,450-km corridor spanning Rajasthan, Madhya Pradesh, Maharashtra, and Gujarat, creating India’s longest commercial electric freight corridor. The trucks will operate on the Nimbahera to Dahej Port and Nimbahera to Tuna […]
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The global electric commercial vehicle market, according to MarketsandMarkets, is on a steep upward curve — set to more than double from $84.64 billion in 2026 to $197.55 billion by 2033, growing at a CAGR of 12.9%. Electric commercial vehicles have moved past the experiment stage. The industry has made its decision — and […]
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Billion Electric Mobility has announced a partnership with JK Cement to deploy more than 150 heavy-duty electric trucks during the current financial year, marking one of the largest deployments of electric trucks for cement logistics in the region. The partnership commenced with the flagging off of the first fleet of 20 heavy-duty electric trucks with […]
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