BikeWo Plans ₹150 Crore Investment to Deploy 5,000 Electric Trucks Across India

Key Highlights

• BikeWo and Green Drive target 5,000 electric trucks across India.

• BikeWo plans to invest up to ₹150 crore in the partnership.

• Operations will cover first-mile, mid-mile, last-mile and long-haul logistics.

• Green Drive operates over 350 electric trucks and around 8,000 electric two-wheelers.

• Existing enterprise clients include More Retail, DHL and Gati.

BikeWo Green Tech has partnered with Green Drive Auto Services to expand electric freight transportation across India, with a target of deploying 5,000 electric trucks. The partnership aims to strengthen green logistics operations across first-mile, mid-mile, last-mile and long-haul transportation.

As part of the multi-year partnership, BikeWo intends to invest up to ₹150 crore in Green Drive Mobility to support fleet expansion, operational infrastructure and technology integration.

BikeWo and Green Drive Join Hands to Expand Electric Logistics

Under the Memorandum of Understanding (MoU), the two companies will work together to scale electric freight operations serving industrial, retail and regional supply chains. The planned fleet expansion will help support different transportation requirements, from local deliveries to longer-distance freight movement.

The partnership brings together Green Drive Mobility's fleet management infrastructure and BikeWo's financing and fleet ownership capabilities. This combined approach is expected to support fleet acquisition and the development of a scalable electric logistics network.

Green Drive Mobility currently operates more than 350 electric trucks and approximately 8,000 electric two-wheelers. Its enterprise logistics clients include More Retail, DHL and Gati, giving the company an existing operational base for the planned expansion.

BikeWo Plans Investment of Up to ₹150 Crore

BikeWo Green Tech intends to progressively invest up to ₹150 crore in Green Drive Mobility over the course of the partnership. The investment will support the acquisition of electric vehicles, operational infrastructure and technology integration needed to expand the fleet and improve logistics operations.

Commenting on the partnership, Hiten Pal Saklani, Chief Executive Officer of BikeWo Green Tech, said the companies aim to combine their strengths to build a significant green logistics platform. He highlighted their shared ambition to deploy at least 5,000 electric trucks, backed by phased investments, institutional partnerships and sustainable business models.

Also Read: Amazon and Tata Motors to Deploy 3,000 Electric Trucks Across India

CMV360 Says

BikeWo Green Tech's partnership with Green Drive Mobility marks a step towards expanding electric freight transportation in India. With a target of 5,000 electric trucks and a proposed investment of up to ₹150 crore, the initiative aims to strengthen logistics across multiple supply-chain segments. By combining financing, fleet ownership and fleet management expertise, the companies plan to build a scalable platform for cleaner freight movement and support the wider adoption of electric commercial vehicles.