Electric freight mobility company BillionE Mobility has raised fresh capital, describing it as a key inflection point as it transitions from early deployments to scaled commercial operations.
The funds will be deployed to support the phased rollout of electric trucks, charging infrastructure and operational capabilities required for large-scale fleet deployment. A significant portion of the capital will go towards deploying more than 500 electric trucks during FY 2026–27, alongside investments in fleet management systems, technology platforms and ecosystem partnerships.
BillionE Mobility currently has a pipeline of over 1,500 electric trucks planned over the next two to three years, aligned with customer demand and existing financing arrangements.
Commenting on the development, Sanjeev Kulkarni, CEO and Co-Founder of BillionE Mobility, said the fundraise comes at a defining moment for electric commercial mobility in India, as the sector moves beyond pilot projects to real-world, scalable deployments. He added that the capital will help accelerate fleet expansion, strengthen operational readiness and deepen partnerships with customers seeking to decarbonise their logistics operations.
Kartikey Hariyani, Founder and Chief Platform Architect of the BillionE Platform, which includes ChargeZone and Billion Electric, said the company is witnessing strong momentum, with year-on-year growth of around 120 per cent. He noted that electric trucking has achieved total cost of ownership parity with diesel on select routes and use cases, particularly in the 19-tonne and 55-tonne categories, significantly boosting adoption.
The expanded electric fleet will serve high-impact commercial and industrial logistics segments such as cement, automotive, third-party logistics, metals, FMCG, chemicals, e-commerce, pharmaceuticals and minerals. These sectors are considered well-suited for electrification due to predictable routes, high vehicle utilisation and increasing sustainability commitments from large enterprises.
BillionE Mobility is pursuing a pan-India expansion strategy, with deployments planned across major industrial clusters and freight corridors. These corridors are being progressively electrified by group company CHARGE ZONE, enabling integrated and reliable charging access for commercial electric fleets.
As its fleet scales up, the company expects to deliver meaningful reductions in tailpipe emissions, contributing to lower carbon intensity across India’s freight and industrial logistics ecosystem.
