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Growth & Expansion November 14, 2026

Delhivery to Deploy 2,000 Electric Commercial Vehicles With Tata Motors, Euler and Montra

Delhivery will deploy up to 2,000 electric commercial vehicles with Tata Motors, Euler Motors and Montra Electric across its intra-city network.

Delhivery has signed agreements with Tata Motors, Euler Motors and Montra Electric to bring 1,500 to 2,000 electric commercial vehicles into its intra-city network over the next 12 to 18 months.

The rollout will begin in Delhi NCR. It marks the first step toward a fleet of close to 5,000 electric commercial vehicles within three years, as the logistics company moves its city deliveries steadily away from diesel.

Three makers for three kinds of city work

Each of the three manufacturers brings a different vehicle to the partnership. The deployment will start with smaller vehicles suited to urban deliveries and move later to higher-capacity electric vehicles for routes that need larger payloads.

Euler Motors will go first. Its Turbo City Plus will be the first vehicle deployed, serving smaller commercial applications. Euler is a Delhi-based startup founded in 2018 by Saurav Kumar, and it expanded its four-wheeler cargo range with the Turbo EV 1000, a one-tonne vehicle launched in September 2025.

For Euler, the agreement adds to a business that has been raising money to expand capacity. The startup raised Rs 437.5 crore in a Series E round led by Lightrock in March this year, with Hero MotoCorp and Blume Ventures taking part, along with about Rs 250 crore in debt.

Euler says it is the second-largest player in India’s electric four-wheeler commercial vehicle segment, with about 22 percent share in four-wheel cargo. It reported operating revenue of Rs 191.3 crore in FY25, up 12 percent, and cut its net loss by about 12 percent to Rs 200.2 crore.

The Tata Motors partnership includes the Tata Intra EV, an electric pickup launched in Mumbai on 7 April 2026 at Rs 11.95 lakh ex-showroom. It carries a 28.2 kWh battery, a certified range of 211 km on a single charge and a payload of 1,750 kg.

The Montra Electric tie-up will expand deployments of the EVIATOR across the country. Montra Electric is part of the Chennai-based Murugappa Group, and the EVIATOR lists a payload of about 1.7 tonnes, a 10.3-foot loading deck and a certified range of 292 km.

Why city routes go electric first

The push covers intra-city vehicles that run less than 200 km a day. Delhivery said this is the segment where electric vehicles now compete with diesel on total cost of ownership.

Electric vehicles make up about 12 to 13 percent of the eligible intra-city fleet today. Delhivery aims to raise that share to more than 50 percent in the next two to three years and to fully electrify its sub-200 km fleet within four to five years.

Electric two-wheelers are already part of the same shift. Baaz Bikes is raising Rs 46.22 crore in a Series B round led by BIG Capital to grow its electric scooter and battery swapping network for gig riders.

Charging support for the vendors who run the vehicles

Much of the work sits with the vendor partners whose vehicles serve the network. Delhivery is piloting charging infrastructure at its own facilities, starting in Delhi NCR, where vendors will get low-cost charging and free parking.

The company is also investing in advance payments for vendors and in charging and parking infrastructure. It is optimising network planning and vehicle utilisation to cut unnecessary kilometres from its routes.

“Scaling fleet electrification means finding solutions that work across the diverse needs of our network without compromising operational efficiency. Partnering with Tata Motors, Euler Motors and Montra Electric lets us expand our electric fleet across vehicle categories.”

Prashant Gazipur, Chief Operating Officer, In City Operations, Delhivery

“The charging facilities we are piloting will make EV adoption easier and more affordable for our vendor partners.”

Prashant Gazipur, Chief Operating Officer, In City Operations, Delhivery

A growing city business behind the move

Delhivery Local is the company’s on-demand intra-city logistics platform, and it is live in eight cities. The list covers Delhi NCR, Bangalore, Mumbai, Hyderabad, Ahmedabad, Jaipur, Pune and Chennai.

Its annualised revenue run-rate rose from about Rs 100 crore at the end of the June quarter to about Rs 200 crore. The company now targets about Rs 280 crore by the March quarter, which shows how fast the city business is growing.

The announcement follows a strong September quarter. Delhivery handled 325 million express parcel shipments, up 32 percent from a year earlier, and reported revenue from services of Rs 3,066 crore, up 20 percent. It was the first quarter above Rs 3,000 crore, and consolidated profit stood at Rs 41 crore.

From food delivery to India’s largest logistics network

Delhivery began in May 2011 as SSN Logistics, a hyperlocal food delivery service started by Sahil Barua with four co-founders. The company became a unicorn in 2019 and listed on the stock exchanges in May 2022 through a Rs 5,235 crore public offer.

Today it describes itself as India’s largest integrated logistics services provider. It serves more than 59,000 clients and reaches more than 18,500 pin codes, which gives the electric fleet a network of real scale to work across.

The first vehicles will reach Delhi NCR roads in the coming months, and the charging pilots will show whether vendor economics hold up at scale. If they do, the 5,000-vehicle target will turn a pilot into the default way Delhivery moves goods inside Indian cities.