Trev Mobility said it plans to raise $2 million in a new funding round to expand its fleet, enter new metropolitan markets, and upgrade technology infrastructure. Operating in the chauffeur-driven electric passenger vehicle segment, the company plans to scale its fleet from 105 vehicles to 300 units by the end of the current financial year.
Trev Mobility's 2031 Premium EV Fleet Target
Over the long term, Trev Mobility is targeting a fleet of 2,500 premium electric vehicles by 2031 through expansion across major metros and select Tier-2 markets. Trev previously raised Rs 3.5 crore from its customer network, including corporate executives.
Naveen Gupta, Founder, Trev Mobility, said, "Having grown from two vehicles to over 100, our next phase is about taking this model to more markets while maintaining the experience that differentiates us. We are looking to raise $2 million to accelerate that journey."
Trev targets 300 vehicles by FY27 and plans multi-city expansion across Bengaluru and Mumbai.
Trev Mobility said it plans to raise $2 million in a new funding round to expand its fleet, enter new metropolitan markets, and upgrade technology infrastructure. Operating in the chauffeur-driven electric passenger vehicle segment, the company plans to scale its fleet from 105 vehicles to 300 units by the end of the current financial year.
Trev Mobility's 2031 Premium EV Fleet TargetOver the long term, Trev Mobility is targeting a fleet of 2,500 premium electric vehicles by 2031 through expansion across major metros and select Tier-2 markets. Trev previously raised Rs 3.5 crore from its customer network, including corporate executives.
Naveen Gupta, Founder, Trev Mobility, said, "Having grown from two vehicles to over 100, our next phase is about taking this model to more markets while maintaining the experience that differentiates us. We are looking to raise $2 million to accelerate that journey."
| # | Наименование новости | Тональность | Информативность | Дата публикации |
|---|---|---|---|---|
| 1 | Lucid names new CEO as it raises over $1 billion and ramps up robotaxi ambitions | 0 | 18.91 | 14-04-2026 |
| 2 | September Mobility Demand Gains Across EVs, CVs And Two-Wheelers | 0 | 12.6 | 06-10-2026 |
| 3 | Ultraviolette Raises $85 Million, Targets US Entry In 2027 | 0 | 12.09 | 23-09-2026 |
| 4 | More Retail Moves to Electric Vehicles for Mid-Mile Deliveries | 0 | 12.38 | 01-10-2026 |
| 5 | Ultraviolette Secures $85M to Power Global EV Expansion | 0 | 10.34 | 23-09-2026 |
| 6 | The $90 Billion Opportunity in India’s Commercial EV Market | Exponent's Arun Vinayak Interview | 0 | 9.57 | 10-10-2026 |
| 7 | Ayvens Targets 14 to 16 Percent ROTE in 2029 Strategic Roadmap | 0 | 15.69 | 07-10-2026 |
| 8 | TVS Motor Company Posts 27% Rise in Q2 Sales, Driven by EV and Export Growth | 0 | 15.8 | 01-10-2026 |
| 9 | World EV Day Special: 10 million EVs sold in India since 2017, EV penetration at 11% in 2026 | 0 | 9.8 | 09-09-2026 |
| 10 | Electric CV Sales Jump 155% to 23,540 Units, Tata Motors Tops but Euler Motors Shines | 0 | 19.84 | 14-09-2026 |