Date: June 16, 2026
Environmental Impact
- Projected to reduce over 8,900 tons of CO2 emissions annually
- Displacing equivalent of about 2.9 million liters of diesel per year
- Expected to contribute to cleaner logistics operations while supporting national sustainability, import substitution and carbon reduction objectives
Business Model Details
Under the "Maitryi model," EIM offers battery packs and charging/swapping services as a package, allowing logistics partners to focus on fleet management and customer service. The model reduces upfront cost by about 40% per vehicle and builds common heavy-duty charging/battery swapping infrastructure on key routes.
The deployment demonstrates growing commercial viability of electric heavy-duty vehicles for demanding long-distance logistics operations with competitive total cost of operation compared to diesel trucking.
Leadership Commentary
Narendra Murkumbi, co-founder and Managing Director of Energy In Motion Ltd.:
- "EIM is delighted to launch long-haul highway operations in the NCR region with Paradeep Parivahan as our lead customer"
- "The NCR region is a focus area for EIM due to the national priority of reducing pollution around our nation's capital city"
- Highlighted "high awareness and willingness of the local heavy industry and fleet operators to switch to zero emission solutions"
Dr. Khalid Khan, CMD & CEO, Paradeep Parivahan Limited:
- "This project represents a defining moment for India's logistics industry"
- "For the first time, electric heavy-duty trucks are being deployed at meaningful scale on a long-haul, high-utilization industrial corridor spanning multiple states"
- "We believe this deployment will serve as a benchmark for the industry and accelerate the adoption of zero-emission freight mobility across India"
Additional Information
The announcement is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Information available on company website: www.ravindraenergy.com