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Power Generation
MoU20 Apr 2026, 08:01 pm

Ravindra Energy Associate Signs MoU for 1,000 EVs

AI Summary

Ravindra Energy Limited's associate, Energy in Motion Limited (EIM), has signed a Memorandum of Understanding (MoU) with Drivn to deploy approximately 1,000 electric heavy-duty commercial vehicles across India over the next two years. This partnership aims to combine EIM's expertise in electric vehicle manufacturing and battery-swapping technology with Drivn's EV leasing, financing, and operational solutions. The collaboration will focus on improving access and reducing entry barriers for fleet operators by offering integrated support across vehicle supply, financing, deployment planning, lifecycle management, and energy solutions. This initiative is expected to accelerate the adoption of electric heavy-duty trucks in the Indian commercial transport sector.

Key Highlights

  • Associate EIM partners with Drivn for EV deployment.
  • MoU targets deployment of 1,000 electric heavy-duty trucks.
  • Partnership combines vehicle supply, financing, and energy solutions.
  • Aims to reduce entry barriers for fleet operators.
  • Expected to accelerate EV adoption in commercial transport.
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