BikeWo and Green Drive Mobility Sign MoU to Scale to 5,000 Electric Trucks

BikeWo Green Tech has signed a Memorandum of Understanding (MoU) with Green Drive Mobility to scale electric logistics operations to a target fleet of 5,000 electric trucks across India. BikeWo intends to invest up to Rs 150 crore in Green Drive Mobility as the partnership progresses.

BikeWo and Green Drive Mobility Target 5,000 Electric Trucks

The two companies plan to target freight movement across industrial, retail and regional supply chains. The announcement comes as more logistics companies look at electric trucks to cut fuel and running costs on fixed routes.

What the MoU Covers

Under the multi-year association, the partners will work on last-mile, mid-mile and long-haul freight. BikeWo's planned investment of up to Rs 150 crore will be made progressively and will support fleet acquisition, operational infrastructure and technology integration. For last-mile work, small electric trucks such as the Eicher Pro X EV 3.5T are already available on TrucksBuses, listed with a GVW of 3,490 kg and 32 kWh and 40 kWh battery options.

Green Drive Mobility's Current Fleet

Green Drive Mobility currently operates more than 350 electric trucks and about 8,000 electric two-wheelers. Its enterprise logistics clients include More Retail, DHL and Gati. The partnership combines Green Drive Mobility's fleet management infrastructure with BikeWo's financing and fleet ownership capabilities. BikeWo CEO Hiten Pal Saklani said the aim is to build a significant green logistics platform across first-mile, mid-mile, last-mile and long-haul transport, supported by progressive investments and institutional partnerships. In the mid-mile segment, trucks like the Tata Ultra E.7T, which TrucksBuses lists with a 7,000 kg GVW and a 150-180 km range, give a sense of what is on the market.

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What Is Not Yet Known

The announcement does not say how quickly the fleet will grow from the current 350 trucks to 5,000, which truck makers will supply the vehicles, or which models will be used for long-haul routes. Current electric trucks have a limited range, so long-haul use will depend on charging access and vehicle choices that have not been shared. Small operators comparing options in the meantime can browse the pickups, mini trucks and vans listed on TrucksBuses.

What It Means for Fleet Operators

The model, in which an investor owns the vehicles and a fleet operator runs them, shows one way electric trucks can reach logistics clients without them having to buy the trucks. Businesses that still plan to buy their own electric truck can estimate monthly payments with the EMI calculator. The scale of the target, which is more than 14 times the current electric truck fleet, will depend on how the plan is carried out.

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Frequently Asked Questions

Q1. What have BikeWo Green Tech and Green Drive Mobility signed?

Ans. They have signed an MoU to jointly scale electric logistics operations to a target fleet of 5,000 electric trucks across India.

Q2. How much will BikeWo invest?

Ans. BikeWo intends to invest up to Rs 150 crore progressively over the multi-year association.

Q3. What will the investment be used for?

Ans. The capital will support fleet acquisition, operational infrastructure and technology integration.

Q4. How big is Green Drive Mobility's fleet today?

Ans. It operates more than 350 electric trucks and about 8,000 electric two-wheelers.

Q5. Which clients does Green Drive Mobility serve?

Ans. Its enterprise logistics clients include More Retail, DHL and Gati.