Drivn Secures $80 Million from Nomura to Deploy 1,000 Electric Buses, Trucks in India

• Electric mobility platform Drivn has secured an $80 million financing commitment from Nomura, primarily for asset deployment.
• The funding will enable Drivn to deploy nearly 1,000 electric buses and trucks on Indian roads within the next 18 months.
• Vehicles are being rolled out on high-density inter-city routes like Delhi–Dehradun, Hyderabad, and Vijayawada, and for cement logistics.
• Drivn's model focuses on owning and leasing commercial EVs, ensuring uptime guarantees through ecosystem partnerships with OEMs and energy providers.
• The India-US trade deal is expected to accelerate the commercial EV ecosystem by providing access to cheaper capital and advanced technology.

Why It Matters: Drivn's $80 million Nomura funding will accelerate the deployment of 1,000 electric vehicles, boosting India's EV ecosystem.