Ashok Leyland, the Indian flagship of the Hinduja Group and a leading commercial vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with Drivn, a provider of financing and leasing solutions for electric commercial vehicles. The partnership will offer customised financial solutions to customers purchasing Ashok Leyland’s electric vehicles.
The MoU was signed by Niruban M, Head – Alternate Energy, Ashok Leyland, and Alpna Jain, CBO & Co-founder, Drivn. Under the partnership, Drivn will provide end-to-end financing solutions, including flexible financing, leasing and fleet ownership options with convenient repayment structures.
The collaboration is aimed at reducing upfront capital requirements and providing greater operational flexibility, thereby supporting wider adoption of electric commercial vehicles across diverse business segments.
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.”
Ashok Leyland continues to expand its portfolio of electric trucks and buses, supporting India’s transition towards cleaner, more efficient and future-ready transportation.
