Ashok Leyland has partnered with Drivn, an electric commercial vehicle financing and leasing company, to make electric trucks and buses more accessible to customers.
Under the MoU, Drivn will provide customised financing, leasing and fleet ownership solutions for Ashok Leyland’s electric commercial vehicle customers. The partnership is designed to address one of the key barriers to EV adoption: the high upfront cost of electric vehicles.
The agreement was signed by Niruban M, Head – Alternate Energy at Ashok Leyland, and Alpna Jain, CBO and Co-founder of Drivn.
Drivn’s solutions will include flexible financial structures and leasing options aimed at helping businesses and fleet operators transition to electric mobility with lower initial capital requirements.
The partnership comes as India’s commercial vehicle sector gradually moves towards electrification. Electric buses and trucks are gaining attention among fleet operators seeking lower operating costs and cleaner transportation solutions.
Drivn focuses on owning and leasing electric commercial vehicles, including intercity buses and medium- and heavy-duty trucks, while providing financing and infrastructure support for fleet electrification.
For Ashok Leyland, the partnership strengthens its broader electric mobility strategy by combining its commercial vehicle portfolio with specialised financing solutions.
The companies aim to make EV adoption easier for businesses by offering financing, leasing and fleet ownership models tailored to the operational needs of commercial vehicle customers.
