3 weeks ago
Ashok Leyland Partners with Drivn for EV Truck Financing
A big company that makes trucks, called Ashok Leyland, has teamed up with another company called Drivn.
Drivn helps people and businesses pay for electric trucks, which are also called e-trucks.
The two companies signed a special agreement called a Memorandum of Understanding.
Under this agreement, Drivn will help Ashok Leyland's customers get the money they need to buy or rent electric trucks.
Customers can choose different ways to pay, so they don't have to spend a huge amount of money all at once.
This makes electric trucks easier for people to own.
The goal is to get more electric trucks on the road.
This is good because electric trucks are better for the environment and can be cheaper to run.
The agreement was signed by two leaders, Niruban M and Alpna Jain.
Ashok Leyland signed a Memorandum of Understanding with Drivn, an electric commercial vehicle financing and leasing provider.
Under the partnership, Drivn will provide end-to-end financial solutions to Ashok Leyland's EV customers.
The MoU was signed by Niruban M, Head of Marketing-Alternate Energy at Ashok Leyland, and Alpna Jain, co-founder and Chief Business Officer of Drivn.
The partnership offers flexible, customised financing, leasing, and fleet ownership solutions with convenient repayment options.
The collaboration aims to accelerate e-truck adoption by reducing upfront capital investment and enhancing operational flexibility.
- Who
- Ashok Leyland and Drivn, an EV financing and leasing solutions provider; the MoU was signed by Niruban M of Ashok Leyland and Alpna Jain of Drivn.
- What
- The two companies signed a Memorandum of Understanding for Drivn to provide end-to-end financing, leasing, and fleet ownership solutions for Ashok Leyland's electric commercial vehicle customers.
- Where
- Not specified in the articles.
- When
- Monday, August 10, 2026.
- Why
- To make e-truck ownership more accessible, reduce upfront capital investment, and accelerate the adoption of e-trucks.
Key facts
- Companies
- Ashok Leyland and Drivn
- Agreement
- Memorandum of Understanding (MoU)
- Date
- August 10, 2026
- Signatories
- Niruban M (Ashok Leyland) and Alpna Jain (Drivn)
- Scope
- End-to-end financing, leasing, and fleet ownership for electric commercial vehicles
- Objective
- Accelerate e-truck adoption and reduce upfront capital investment










