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New Delhi, Jun 25 (PTI) Electric mobility platform BLive on Thursday announced an investment of over Rs 100 crore to deploy 1,000 electric mini-trucks over the next two years.
India’s fastest-growing electric mobility platform BLive has announced its expansion and investment plans to accelerate India’s transition to sustainable logistics, a company statement said.
The company has introduced BLive PRIME with a Rs 100 crore investment dedicated to deploying 1,000 electric mini-trucks over the next two years.
With the introduction of BLive PRIME, an innovative 4-wheeler franchise model, the company is set to drive large-scale electric fleet adoption and advance the nation’s green delivery revolution.
Responding to the rapid 15-20 per cent CAGR growth
in last-mile logistics fueled by e-commerce and quick commerce, BLive will roll out 1,000 electric cargo vehicles in 24 months.
The expansion begins in Bengaluru and will extend to key urban markets, including Delhi, Chennai, and Hyderabad, in the coming months, reinforcing BLive’s commitment to building a reliable, high-utilisation electric fleet for India’s evolving logistics landscape.
The BLive PRIME is designed to bridge the gap between growing fleet demand and access to structured capital, enabling investors to participate in this transition through an asset-backed model.
Sandeep Mukherjee, Co-Founder & CEO, BLive, said, “With BLive PRIME, we are building a model that connects capital with this demand, enabling investors to own EV assets while we manage operations and ensure their deployment within a growing logistics ecosystem. This approach not only accelerates fleet electrification but also creates a structured, scalable pathway for participation in India’s EV growth story.” BLive is an electric mobility platform focused on accelerating EV adoption through fleet solutions, franchise models, charging solutions and technology-driven operations, with a strong presence in India’s last-mile delivery ecosystem. PTI KKS KKS MR
