Home NATIONAL NEWSBillionE Raises $25 Million to Accelerate Electric Truck Expansion in India

BillionE Raises $25 Million to Accelerate Electric Truck Expansion in India

by tresubmedia@gmail.com
0 comments
BillionE electric trucks operating in India for sustainable freight

Indian electric mobility platform BillionElectric Mobility (BillionE) has raised USD 25 million in a fresh funding round to scale up its electric truck operations across the country. The investment will be used to expand the company’s presence in the mid-mile and long-haul freight segments, strengthening India’s transition toward cleaner commercial transportation.

BillionE plans to deploy the capital to grow its electric truck fleet, enhance charging and energy management infrastructure, and build a robust ecosystem to support large-scale electric freight movement. The company focuses on enabling cost-effective and reliable electric logistics solutions for fleet operators, logistics companies, and industrial customers.

The expansion is expected to play a significant role in reducing carbon emissions and operating costs in the logistics sector, which accounts for a substantial share of India’s transportation-related emissions. By electrifying heavy and medium commercial vehicles, BillionE aims to address one of the most challenging segments of the EV transition.

The funding reflects rising investor confidence in electric freight mobility, as demand grows for sustainable logistics solutions driven by tightening emission norms, rising fuel costs, and corporate decarbonisation goals. BillionE’s model combines vehicle deployment with charging infrastructure and digital fleet management to support scalable EV adoption.

With this latest round, BillionE is set to strengthen its footprint in India’s rapidly evolving electric mobility landscape, supporting the broader push toward energy efficiency, reduced fossil fuel dependence, and a low-carbon logistics ecosystem.

You may also like

Leave a Comment