EV Fleet Leasing in India
EV leasing for commercial fleets: lease the electric vehicles your fleet needs through our partners, and run them on YoMobility from day one.
Electric vehicle fleet leasing for operators who are launching a fleet or adding vehicles to one. YoMobility arranges your lease with our leasing partners and NBFC financiers, and the YoMobility platform comes with it. Once the vehicles are on the road, your drivers charge across multiple networks and you get one invoice for every charge.
Who leases electric vehicles with YoMobility
Comparing EV leasing companies in India? Start with what your fleet does. EV leasing in India works best for fleets that depend on their vehicles commercially, whatever their size (there’s no minimum fleet):
Last-mile delivery and logistics: parcel, courier, e-commerce and B2B delivery.
Ride-hailing operators: EV cab operators and drivers working with ride-hailing platforms.
Corporate transport: employee commute, staff buses and campus fleets. EV fleet leasing for corporate mobility lets you add vehicles without buying them outright.
E-truck and freight fleets.
Fleet aggregators running several vehicle types.
Electric vehicles you can lease
Four vehicle classes, leased through our partners:
Electric trucks
Electric trucks for lease, for logistics and freight fleets.
Electric buses
For staff, campus and corporate transport.
Electric cars
Electric car fleet leasing for ride-hailing and corporate transport.
Electric LCVs and vans
LCV leasing for last-mile and city delivery; an electric van for lease for parcel routes.
How EV fleet leasing works with YoMobility
Getting an electric vehicle for lease and onto the road, in five steps:
Tell us your fleet: vehicle class, how many, which city and what the vehicles will do.
We arrange the lease: we match you with our leasing partners and NBFC financiers, and you lease the vehicles from them on a 7-year term.
Onboard every vehicle on YoMobility: vehicles are identified by VIN, VID or MAC ID and linked to your fleet, so every charge bills the right entity.
Charge from day one: create your account, top up the fleet wallet over UPI, and your drivers can charge on 80% of India’s charging infrastructure, with Plug & Charge where it’s available.
One invoice for every charge: one consolidated GST invoice per billing period, broken down by vehicle, driver, station, tariff and amount.
Lease terms
- Who leases the vehicles
- Our leasing partners and NBFC financiers. YoMobility arranges the lease; it isn’t the lessor
- Financing
- Also arranged through our NBFC partners
- Tenure
- 7 years
- Minimum fleet size
- None
- Included
- The YoMobility platform: charging and the other fleet management modules
- Rental, cities, documents, end of term
- We walk you through them on a call
Run your leased fleet on YoMobility
A leased EV earns only when it’s charged, on the road and billed correctly. The YoMobility platform comes with your lease, so you run your leased fleet on YoMobility’s EV fleet management software from the first day:
- Charging on multiple networks, with Plug & Charge, from one platform.
- One consolidated GST invoice for every charge, with input tax credit on one invoice. Payment management
- A fleet wallet with per-driver and per-vehicle limits, topped up over UPI from the web app or the YoMobility app.
- Live state of charge and GPS, battery health and predictive maintenance alerts for every vehicle.
- CO₂ savings reporting, BRSR-ready, for corporate and ESG reporting.
Lease or buy an electric fleet?
Leasing isn’t right for every fleet. Weigh it up on four questions:
Cash
Do you want to keep capital for operations instead of tying it up in vehicles?
Technology risk
How much battery and resale-value risk do you want to carry?
Term
Will you run the vehicles for the length of the lease?
Tax
How do lease rentals and ownership compare for your GST input tax credit and depreciation? Ask your accountant.
Go deeper: EV leasing vs buying EV depreciation rate EV fleet TCO in India GST input tax credit for EV fleets
Partners
The fleets, EV-OEMs and partners we work with
Lease or finance electric vehicles? Partner with YoMobility and get asset management, visualisation and data insights on the vehicles you lease or finance.
EV fleet leasing: questions fleets ask
What is EV fleet leasing?
EV fleet leasing means your business pays to use electric vehicles for a fixed term instead of buying them outright. If you're comparing electric vehicle fleet leasing companies in India, check the vehicle classes they offer, the term, what the rental includes and how you'll charge and track the vehicles.
Which electric vehicles can I lease through YoMobility?
Electric trucks, buses, cars and LCVs. Tell us the class and how many you need, and we'll go through the options on a call.
Who provides the lease?
Our leasing partners and NBFC financiers. YoMobility arranges the lease and the financing with them; it isn't the lessor.
How long is an EV lease, and is there a minimum fleet size?
The EV lease term is 7 years, and there's no minimum fleet size. Rentals depend on the vehicle class, fleet size and city, so book a call and we'll walk you through them.
Is the YoMobility platform included?
Yes. Each vehicle is onboarded by VIN, VID or MAC ID. You then see its state of charge, location and battery health, set charging limits per driver and vehicle, and get one consolidated GST invoice for every charge.
Where can my drivers charge?
Once your account and fleet wallet are set up, drivers can charge on 80% of India's charging infrastructure across multiple networks, with Plug & Charge where it's available. You pay through one wallet and one invoice.
Is leasing better than buying for an EV fleet?
It depends on your cash position, how long you'll run the vehicles and how much resale risk you want to carry. Our EV leasing vs buying guide walks through the trade-offs.
Lease the vehicles. Run them on one platform.
Tell us what you need to lease and where it will run. We'll match you with our leasing partners and show you how it works, from the lease to the first invoice.
Or contact us