Evera Fleet Expansion 4500 Electric Vehicles Overview
- Evera targets 4,500 electric vehicles by June 2026, up from the current 500, with 2,500 added by March 2026.
- USD 2 million funding from Signodrive Technologies investors for infrastructure, fleet management upgrades, and tech integration.
- 4,000 leased vehicles from Gensol Engineering join the platform via IRP.
- Focus on premium B2C (airport transfers) and B2B (corporate employee transport); supports ESG goals.
- Operated by Prakriti E-Mobility, founded in 2009; services include daily commutes, intercity travel, and hourly rentals.
Evera Accelerates EV Cab Growth: 4,500 Vehicles and USD 2 Million Funding Fuel Expansion
Delhi-NCR’s leading electric cab service, Evera, is shifting into high gear. On December 17, 2025, the company announced ambitious plans to scale its all-electric fleet to 4,500 vehicles by June 2026, a massive leap from the current 500. This growth is turbocharged by USD 2 million in fresh funding from an investor linked to Signodrive Technologies, aimed at bolstering infrastructure, upgrading fleet management systems, and integrating advanced operational tech.
The expansion builds on a major partnership: 4,000 electric vehicles leased from Gensol Engineering through an Independent Rental Partner (IRP) model earlier this year will now operate exclusively on the Evera platform. This influx, combined with organic additions of 2,500 vehicles by March 2026, will push the total to the 4,500 target by mid-2026. Evera, operated by Prakriti E-Mobility and founded in 2009 by Nimish Trivedi, Vikas Bansal, and Rajeev Tiwari, is positioning itself as the go-to for premium, sustainable mobility in the Delhi NCR region.
Co-Founder & CEO Nimish Trivedi shared the vision: “The funding from Signodrive Technologies will strengthen our infrastructure and operational capabilities while accelerating the enhancement of our technology platform as we expand premium electric mobility across the region. Our foray into the premium B2C segment underscores our commitment to operational excellence, service reliability, and sustainable mobility. Signodrive technology arm will play a key role in advancing our technology capabilities and supporting this growth.”
What the Expansion Means for Evera and Customers
This fleet surge transforms Evera from a niche player into a major force in electric ride-hailing:
- Scale and Availability: More vehicles mean shorter wait times and broader coverage in Delhi-NCR.
- Premium Focus: Strong emphasis on B2C airport transfers (active since 2022) and B2B corporate shuttles for employee transport.
- ESG Alignment: A Fully electric fleet helps corporates meet carbon-reduction and sustainability targets.
- Service Variety: Daily commutes, intercity trips, hourly rentals, and dedicated corporate solutions.
The IRP model with Gensol brings ready vehicles, allowing Evera to focus on operations, tech, and customer experience rather than ownership overheads.
Funding and Tech Upgrades: The Growth Engine
The USD 2 million injection targets three pillars:
- Infrastructure: More charging points and maintenance hubs.
- Fleet Management: Advanced systems for real-time tracking, predictive maintenance, and efficiency.
- Technology Integration: Smarter app features, driver tools, and seamless booking.
Signodrive’s tech arm adds expertise, ensuring the platform scales smoothly as vehicles multiply ninefold.
Why This Matters in India’s EV Ride-Hailing Space
Delhi-NCR is India’s EV cab hotspot, with strict policies pushing fleets toward electric. Evera’s growth addresses rising demand from corporates chasing ESG goals and consumers seeking reliable, green alternatives to Ola/Uber petrol rides. Airport transfers, a high-margin segment, get a premium electric option—silent, smooth, and zero-emission.
The model proves viable: lease vehicles, focus on service excellence, and partner for tech. As competitors like BluSmart and others expand, Evera’s 4,500-strong fleet by mid-2026 could claim significant market share.
The Road Ahead: From 500 to 4,500 in 18 Months
With funding secured and vehicles incoming, execution is key. Evera plans phased onboarding: 2,500 by March 2026 for immediate impact, and the full 4,500 by June. Driver training, charging rollout, and app enhancements will run parallel.
For customers, it means more cabs, faster pickups, and consistent premium service. For the planet, thousands more zero-emission trips daily in one of India’s most polluted regions.
Evera’s journey shows how focused players can thrive in India’s evolving EV ecosystem—one electric ride at a time.
Source: autocarpro.in
Read more about Ev Car News
Also Read
- South Korea’s L&F Slashes Value of Battery Material Supply Deal with Tesla: From $2.9 Billion to $7.386 Million
- Demand for China’s lithium batteries slump early 2026: CPCA Head Warns of Sharp Drop
- Why Silver Price Has Been Surging Even More Than Gold: 2025 Rally Breaks $80 Amid Supply Squeeze and Industrial Demand
- JSW MG Motor India Assured Buy Back For EV Announced: Comprehensive Program to Eliminate Resale Worries
- New EV Manufacturing Unit YEIDA Sector 8D: Neenjas Electric Gets LoI for Chargers and Solar Banks
- 400 Km In 5 Minutes BYD Flash Charging EV Technology: Megawatt Power Explained
