Ashok Leyland partners with Drivn for EV financing

Ashok Leyland signed a Memorandum of Understanding (MoU), with Drivn - a leading provider of financing and leasing solutions for electric commercial vehicles. This MoU will enable both Ashok Leyland and Drivn to offer customized financial solutions to the customers buying Ashok Leyland’s electric vehicles.

The MoU was signed by Niruban M, Head-Alternate Energy, Ashok Leyland and Ms Alpna Jain, CBO & Co-founder, Drivn in the presence of team from Ashok Leyland and Drivn. Under this partnership, Drivn will provide end-to-end financial solutions to the electric vehicle customers of Ashok Leyland. The partnership is aimed at making e-truck ownership more accessible by offering customers flexible, customized financing, leasing, and fleet ownership solutions with convenient repayment options. By reducing upfront capital investment and enhancing operational flexibility, the collaboration seeks to accelerate the adoption of e-trucks while delivering affordable, customer-centric financing solutions tailored to diverse business needs.

Sudip Dhali, Head-Marketing, Ashok Leyland said, “Ashok Leyland is delighted to partner with Drivn to offer attractive and accessible financing solutions to our EV customers. This strategic partnership will further strengthen our market presence by making our innovative range of electric commercial vehicles more accessible to businesses across the country. Backed by cutting-edge technology and delivering an industry-leading total cost of ownership, our products are designed to maximize customer profitability. We remain committed to providing best-in-class mobility solutions and an exceptional ownership experience for our customers.”

Alpna Jain, CBO & Co-founder, Drivn said, “We are pleased to partner with Ashok Leyland to offer seamless electric vehicle financing solutions. This collaboration reinforces our commitment to supporting businesses with accessible, tailored financial solutions that simplify vehicle ownership and enable growth. We aim to make electric commercial vehicle ownership simpler, more accessible, and more rewarding for our customers.”

As a pioneer in commercial vehicle industry, Ashok Leyland is driving the transition to electric commercial vehicles through a growing portfolio of advanced electric trucks and buses designed to meet diverse customer needs. The company remains committed to accelerating zero-emission mobility while enabling cleaner, more efficient, and future-ready transportation solutions for India.