Energy In Motion Limited (EIM Ltd), Oil Field Warehouse & Services Limited (OWS Ltd) and Radiance Green Mobility Private Limited have signed a strategic Memorandum of Understanding (MoU) for the deployment of 500 electric heavy commercial vehicles across key freight corridors in India. The partnership will initially target the Mumbai–Pune, Mundra–Morbi–Ahmedabad and Mumbai–Delhi corridors. These routes handle significant volumes of commercial freight and have strong potential for the shift from diesel-powered trucks to electric vehicles.
The first phase will begin with the deployment of 50 electric heavy commercial vehicles on the Mumbai–Pune corridor in October 2026. The fleet will be expanded as EIM completes its battery-swapping network along the identified corridors. The three companies aim to develop a scalable electric freight network focused on lower emissions, improved fleet utilisation, operational efficiency and greater predictability in energy costs.
EIM will provide its integrated electric mobility platform, including electric heavy vehicles, battery swapping, charging infrastructure and energy management solutions. OWS and Radiance Green Mobility will contribute their experience in logistics, fleet operations and commercial freight movement.
Narendra Murkumbi, Managing Director, EIM Ltd, said the partnership is an important milestone for the company as OWS and Radiance already handle substantial cargo movement on the selected routes. He said EIM expects electric freight operations to offer significantly lower transport costs than diesel while also reducing dependence on imported oil and lowering emissions.
Pankaj Surani, Managing Director, OWS Ltd, said the company aims to develop dedicated electrified freight corridors that can offer efficient, cost-effective and sustainable transportation. Vineet Sharma, Director & CFO, OWS Ltd, said trials conducted by the company showed that fleet electrification is commercially viable. He added that replacing diesel vehicles with electric trucks can provide a more predictable cost structure, allowing logistics companies to offer customers greater visibility on long-term transportation costs.
Vitthal Wable, Director, Radiance Green Mobility, said the company plans to extend its partnership with EIM beyond the port ecosystem and into major freight corridors across India. Radiance Green Mobility will use the fleet and logistics experience of its parent company, Jyothi Transport & Freight Services, along with EIM’s electric vehicle technology to support the expansion of electric freight operations.
EIM is developing an integrated electric heavy commercial vehicle ecosystem for long-haul freight. Its flagship Ashwa 55-ton electric tractor is designed for high-utilisation freight operations and is supported by a battery-swapping system intended to reduce vehicle downtime. The company has also received homologation for a 350-kWh battery version of its Ashwa electric tractor.
OWS, which pioneered SEZ-based warehousing in 2006, provides logistics and material-management services across India’s energy, port and industrial sectors. Its activities include warehousing, container logistics, freight forwarding, project cargo, port operations and supply-chain services.
