For India’s manufacturers
Electric freight, zero capex.
We fund, run and power electric trucks for factories. You pay per kilometre, on multi-year contracts priced against what diesel costs you today.
CleanMax did it for factory power. We do it for freight.
*Estimate for a 9-tonne-payload truck running 60,000 to 75,000 km a year, charged on solar or wind power.
Why now
How it works
Three steps, and we carry the rest.
- 1
You sign a per-km contract
Two to three years, priced against your current diesel cost. No trucks to buy, no depot to build.
- 2
We buy the trucks, lenders fund them
Complete e-trucks from leading Indian truck makers, financed against your contract.
- 3
We run everything else
Charging, routing, drivers, uptime, and a monthly Scope 3 report for every lane.
What you get
One contract, the whole operation.
Electric trucks on your lanes
Charging depots
Clean power (rooftop solar and solar or wind PPAs)
Routing and uptime
Driver management
Scope 3 reporting per lane
Levers and impact
Six levers take an electric truck below diesel
Bought today and run the way an owner-driver runs one, a nine-tonne-payload electric truck costs ₹36.6 a kilometre against diesel’s ₹32.2. It loses. Six things we control close that gap and go past it: how the truck is financed, what it charges on, how far it runs in a day, how well it is driven and maintained, what the battery is worth at the end, and the incentive. None is decisive alone — the first four reach ₹32.4, still a shade above diesel. The fifth and sixth are what put it clearly underneath, at ₹26.4, which is what lets us sign a per-kilometre contract at or below what diesel costs you and still fund the truck.
Today's EV loan, 200 km a day, no incentive claimed
The shipper's contract comes first, the truck sits in an asset SPV, and buyback cover makes a six-year loan at 12.5% possible instead of four years at 16%.
Keep the depot full and charge in solar hours. Power is budgeted at ₹7.50 a kWh all-in, not at the ₹4.50 energy-only tariff.
Dedicated milk runs with back-hauls, priced by lane. A committed daily distance spreads the truck's fixed cost over far more kilometres.
Driver coaching, predictive maintenance and an OEM service contract with uptime clauses: less energy per km, and lower upkeep and insurance.
Battery health data from day one, charging discipline, and buyback and second-life deals. The largest of the six, and the one lenders price.
₹5,000 per kWh, capped at a tenth of ex-factory price, claimed through the dealer. The scheme runs to 31 March 2028.
What the per-km contract is priced against
The dotted line is diesel. Levelised cost per kilometre over eight years for a 9-tonne-payload (~16T GVW) truck bought in FY2027-28: a ₹49 lakh e-truck against a ₹24.8 lakh Tata T.16 Ultra diesel, depot power at ₹7.50 a kWh all-in, 300 operating days a year. Diesel on the same six steps is ₹32.2 a km, and ₹34.7 on the conservative ones. Derived from our own TCO model; the same bridge appears in our investor deck.
Who we work with
Manufacturers
Plants moving 9-tonne loads daily on short, fixed routes.
Clean power developers
Fleet lenders and battery partners
Climate investors
Founder
Ujjawal Rahangdale
Has priced freight lanes, run delivery fleets and built software for shippers.
- Freight pricing, BlackBuck
- Fleet operations, Swiggy
- Freight billing SaaS, Intugine
- B.Tech (Hons) Mechanical Engineering, IIT Kharagpur
- Executive programme, IIM Bangalore