Evera plans fleet expansion to 4,500 electric vehicles by June 2026 with Signodrive backing

Greaves Electric Mobility

USD 2 million funding to support infrastructure and technology growth

Evera, an electric cab mobility company, has announced plans to scale its fleet to 4,500 electric vehicles by June 2026. The expansion is supported by USD 2 million in funding from Signodrive Technologies, aimed at strengthening EV infrastructure and upgrading technology platforms. The funding will also support enhancements to fleet management systems and operational integration.

4,000 leased EVs to be deployed on Evera platform

Signodrive Technologies has leased a 4,000-vehicle electric fleet from Gensol Engineering through IRP, which will operate on Evera’s platform. Evera currently runs 500 electric vehicles and plans to add 2,500 vehicles by March 2026, reaching the full 4,500-vehicle target by June 2026. The phased deployment aligns vehicle induction with infrastructure readiness and operational scale.

Focus on B2B, airport and premium mobility services

Evera serves both business-to-consumer and business-to-business segments, with airport transfers accounting for a significant share of consumer demand. Corporate clients also use Evera’s services for employee transportation, supporting ESG and carbon-reduction goals. The company provides daily commutes, corporate transfers, airport mobility, intercity travel, and hourly rentals, and has offered airport services since 2022.

Electric-first model targets Delhi NCR demand

Founded in 2009 by Nimish Trivedi, Vikas Bansal, and Rajeev Tiwari, Evera operates under Prakriti E-Mobility and runs a fully electric fleet. The expansion strengthens its positioning in the Delhi NCR region, where demand for reliable, premium electric mobility services continues to rise across corporate and consumer segments.

ELECTRIFYING INDIA’S LAST MILE