Announced Tue, 27 Oct, 2026 · 14:47 IST
BikeWo partners with Green Drive to scale electric logistics
BIKEWO · price
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AI summary
BikeWo Green Tech and Green Drive Mobility agreed to expand electric logistics in India, targeting at least 5,000 electric trucks over coming years. Green Drive operates over 350 electric trucks and 8,000 electric two-wheelers, with clients including More Retail, DHL and Gati. BikeWo intends to invest up to Rs 150 crore in Green Drive, subject to approvals and final commercial arrangements.
Likely market impact
The deal may support fleet growth and wider market reach, but benefits depend on approvals, final investment terms and successful execution.