Driveo Electric Mobility is a leasing company set up with the mission to promote and increase sustainable mobility in the B2B transportation of people and cargo. Given that India's electric vehicle market is expected to touch $150 billion by 2030, Driveo is committed to easing and accelerating the transition to EVs in India in collaboration with leading 3-wheeler and 4-wheeler EV manufacturers. Driveo will purchase, fund, and manage new electric vehicles for its customers, besides providing complete end-to-end service and maintenance for a typical contract duration of three to four years. Driveo aims to achieve a pan-India presence and lease 10,000 electric vehicles in five years. Driveo is backed by seasoned professionals with a background in the automobile, e-commerce, and financial services sectors.
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