The electric vehicle (EV) revolution in India is opening up countless business opportunities. Among them, electric trucks are emerging as a game-changer for logistics, e-commerce, and local transport. With the right approach, you can generate a steady income of ₹50,000 per month (or even more) by leveraging EV trucks.
In this article, we’ll break down practical ways to earn, investment requirements, and strategies to scale.
Why EV Trucks Are a Profitable Business in India
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Low Running Cost: EV trucks cost around ₹1–1.5 per km, compared to ₹3–4 per km for diesel vehicles.
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Government Push: Subsidies under FAME II and state EV policies reduce upfront costs.
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High Demand: E-commerce, FMCG, and urban logistics companies prefer EV trucks for sustainability targets.
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Maintenance Savings: Fewer moving parts means lower servicing and repair bills.
Business Models to Earn ₹50,000/Month from EV Trucks
1. Last-Mile Delivery Contracts
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Tie up with companies like Amazon, Flipkart, BigBasket, Blinkit, or Zomato.
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They pay a fixed monthly amount or per-trip basis for logistics.
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Example:
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One EV truck doing 10–12 local deliveries daily can earn ₹1,800–₹2,000/day.
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That’s around ₹45,000–₹55,000 per month.
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2. Renting Out EV Trucks
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Purchase 2–3 EV trucks and rent them to small businesses, traders, or transporters.
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Typical rental income: ₹1,200–₹1,800/day per truck.
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Even with one truck rented for 25 days, you can earn around ₹30,000–₹45,000.
3. Partnership with FMCG/SMEs
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Many local businesses (milk suppliers, kirana wholesalers, vegetable distributors) need affordable transport.
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Offer fixed contracts: ₹40,000–₹60,000/month depending on trips and distance.
4. Fleet Business Model
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Scale beyond one truck by creating a fleet of 5–10 EV trucks.
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Partner with logistics aggregators.
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This model can generate ₹3–5 lakh per month in revenue.
5. EV Truck Franchise Opportunities
Some companies in India offer franchise or leasing programs:
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Tata Motors, Ashok Leyland, Mahindra, and Olectra have financing support.
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Many EV startups provide trucks on lease-to-own models, reducing risk.
Investment & Profit Breakdown
Example Calculation (Single EV Truck)
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Truck Purchase Cost: ₹8–12 lakh (after subsidy).
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Running Cost: ₹1.5/km (electricity).
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Daily Trips: 80–120 km (local logistics).
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Monthly Revenue: ₹50,000–₹60,000.
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Expenses (EMI + charging + maintenance): ₹20,000–₹25,000.
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Net Profit: ₹25,000–₹35,000/month per truck.
With 2 trucks, you can comfortably reach ₹50,000+ net income per month.
Tips to Maximize Profit
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Choose High-Demand Routes: Focus on metro cities and Tier-1 towns where logistics demand is high.
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Opt for Charging Partnerships: Collaborate with EV charging providers to reduce downtime.
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Maintain the Vehicle: Regular servicing ensures battery efficiency and longer life.
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Use Digital Platforms: Register your EV truck on logistics marketplaces like Porter or LetsTransport for extra gigs.
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Leverage Government Subsidies: Always check state EV policies for incentives and tax savings.
Future Scope of EV Truck Business
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By 2030, India aims for 30% electrification in commercial vehicles.
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Companies are prioritizing green logistics, meaning demand will only rise.
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Early movers in EV trucking stand to capture higher margins and long-term contracts.
Final Thoughts
Making ₹50,000/month from EV trucks in India is not just possible but realistic with the right model. Whether you start with last-mile deliveries, rentals, or building a fleet, EV trucks promise high returns with lower risks compared to diesel vehicles.
If you are considering entering the EV space, now is the best time. With low running costs, high demand, and government support, your EV truck can become a consistent money-making machine.
