- Tata Motors and Driven have signed a landmark MoU for the deployment of electric commercial vehicles.
- The partnership aims to put more than 1,000 electric trucks on the road in the next two years.
- Customized leasing options will now make the shift to EVs easier and more profitable for fleet operators.
Driven, an EV leasing platform for fleets of heavy commercial vehicles, has signed a Memorandum of Understanding (MoU) with Tata Motors, India's largest commercial vehicle manufacturer. The agreement aims to explore the deployment of leasing-based electric commercial vehicles for fleet operators in India. Under this collaboration, Driven will provide customized leasing options for Tata Motors' electric commercial vehicle portfolio, facilitating fleet operators' transition to electric vehicles through simple and customized financing solutions.
Driven offers operating lease options tailored to the needs of commercial fleet operators. The platform is making the transition to electric vehicles easier and more practical by addressing long-standing shortcomings in financing, vehicle deployment and charging infrastructure, thereby accelerating fleet electrification across India.
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Tata Motors is leading this transformation of commercial mobility with the largest electric commercial vehicle portfolio and an ecosystem that makes electrification practical and profitable. The company works closely with fleet owners to balance performance, uptime, charging and financing throughout the life of the vehicles. As EV adoption continues to grow, Tata Motors continues to focus on providing end-to-end solutions to help customers confidently transition to zero-emission mobility.
Expressing his opinion on this occasion, Tata Motors Ltd. Rajesh Kaul, Vice President and Business Head – Trucks, said, “Tata Motors is committed to universalizing clean mobility and accelerating India's journey towards sustainable transport. In collaboration with Driven, we aim to make electric trucks more accessible to our customers. Our portfolio of electric trucks is designed to deliver performance, reliability and economic efficiency, which meets the changing needs of our customers and helps them confidently transition to zero-emission technologies. does.”
Manav Bansal, CEO and Co-Founder, Driven said, “Making a fleet of electric vehicles viable from a business perspective is critical to mass EV adoption. While there is growing interest from fleet operators, this shift ultimately depends on how practical and accessible these options are. The collaboration with Tata Motors allows us to combine their dominant vehicle portfolio with our leasing model, which eliminates key constraints such as initial cost and deployment time. Through the collaboration, we plan to deploy more than 1,000 electric trucks over the next two years. This will provide a clear and scalable path for fleet operators to shift to EVs, and will support the broader growth of the EV ecosystem in India.”
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Alpana Jain, Co-Founder and Chief Business Officer, Driven, said, “When the right ecosystem comes together to support it, fleet adoption of electric vehicles increases exponentially. Tata Motors' strong market presence increases the trust and reach of fleet operators, as we are getting a joint commitment to vehicle maintenance and uptime from the OEM, as well as combining technology to test performance.”
Tata Motors is leading the country's electric commercial vehicle transition with its strong portfolio. The company has newly introduced a comprehensive portfolio of electric trucks ranging from 7 to 55 tonnes based on the new i-MOEV (Intelligent Modular Electric Vehicle) architecture under the Tata Trucks.ev brand. Designed for sustainable, efficient and high-performance operations, these trucks meet the needs of multiple sectors including e-commerce logistics, construction material transportation and port operations. Backed by a rapidly growing EV charging infrastructure and nationwide service network, Tata Motors remains committed to advancing sustainable mobility and strengthening India's green transport ecosystem.