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- Commercial Vehicles
3eco Systems and Log9 Materials Collaborate to Deploy 2000+ InstaChargeable S8Ci EVs
- by MT News
- January 03, 2023
3W EV fleet operator, 3eco Systems, and advanced battery-tech and deep-tech start-up, Log9 Materials, have announced a strategic collaboration to deploy 2,000+ InstaCharged heavy duty Shakti 8 Cargo (S8Ci) EVs across India over the next 18 months. The vehicles’ deployments will be initiated from Bengaluru, Hyderabad and Chennai and then extended to other metro cities. 3eco Systems claims that these Commercial Electric Vehicles (CEV) will be catering to e-commerce and hyperlocal logistics players such as Amazon, Flipkart, Big Basket, etc. 3eco Systems states that it and Log9 are on a shared mission of electrification and digitisation of the last-mile logistics segment. Their partnership will also aim to accelerate the setting up of fast-charging infrastructure across the cities of operations in the longer run.
Shakti 8 Cargo (S8Ci) EVs by 3ev Industries is an L5 CEV that has been designed to serve last-mile logistics use-cases. As per 3eco Systems, it comes with a range (on full charge) of 130 km and a payload capacity of 580 kg, besides having several other superlative high-performance features. InstaCharged by Log9's RapidX batteries, the cargo EV can be charged from 0 to 100 percent in less than 35 minutes.
3eco Systems states that In India, the last-mile logistics sector is anticipated to increase by 900 percent to $9 billion by 2025. This is largely driven by the e-commerce industry. For intra-city logistics, three-wheeler cargo vehicles are fast becoming a preferred choice for last-mile deliveries, with EVs winning in this segment due to lowest operating cost and highest efficiency, 3eco Systems states. And this is exactly where the collaboration between Log9 and 3eco Systems comes in and can prove to be a game changer, according to 3eco Systems.
Sharing his views, Peter Voelkner, MD, 3eco Systems, said, “3eco serves the widest list of enterprise customers as a dedicated EV fleet operator in India, currently with operations in Bengaluru, Hyderabad, Chennai, Coimbatore and Mumbai. We take a holistic approach to understanding the complete value-chain before we enter a market or customer engagement. We analyse the bottlenecks, operating challenges and other efficiency issues, then work with our strategic partners, like Log9 Materials, to design solutions for greater productivity based on our operating capabilities. After jointly optimising the services using our platform, we unlock substantial benefits for the customers and the communities in the form of higher cost savings and service improvement.”
3eco Systems claims that e-retail logistics is a growing industry that is solving the niche problems for India’s booming e-commerce players. Traditional logistics providers face challenges of offering comprehensive last-mile services for online retailers. According to 3eco Systems, this poses issues such as delayed deliveries, poor last-mile delivery management (particularly of returned items) and insufficient real-time tracking, among others. The partnership between Log9 and 3eco will be attempting to overcome these issues.
Speaking of the strategic partnership, Kartik Hajela, Co-founder and COO, Log9 Materials, said, “The last mile logistics sector has finally come of age and has started manifesting its impact on the Indian economy. With customers today flocking to e-commerce platforms for A to Z, the industry today calls for technologies that empower fleet operations to deliver on time, every time. Our RapidX batteries have earned their repute for the fastest charging batteries in India and have created a benchmark for safety across sectors. We are proud to see our RapidX batteries form an integral part of 3eco’s fleet operations and are certain that our rapid charging technology would ensure higher utilisation of the EVs across multiple use cases, thus creating a positive impact on the bottom line of partners, such as 3eco Systems.”
Karan Kadaba, Director, 3eco Systems, added, “At 3eco, our operations are managed and optimised for maximum utilisation over the day, often operating 1.5 shifts in a 24-hour period, which boosts the vehicles’ revenue generating potential. Our vehicles have smart electronics integrated with the 35-minute charging capability enabled by the RapidX Log9 batteries to give us maximum flexibility to optimise performance, utilisation and cost of operations. Our collaboration with Log9 will allow the customers to have complete advantage of 3ev’s top-tier performance in terms of range, acceleration, braking, as well as multiple points of telemetry for real-time tracking. Access to real-time and targeted data drives our consistent improvement to check all the sub-standard metrics and adopt positive outliers as system-wide best practices. We have plans to expand to eight more tier-1 and 2 cities over the next 12 months.”
- Montra Electric
- Tube Investment of India
- TII
- Murugappa Group
- electric vehicle
- electric Small Commercial Vehicle
- e-SCV
- Vellayan Subbiah
- TIVOLT Electric Vehicles
- TI Clean Mobility
Murugappa Group’s TIVOLT Electric Vehicles set to launch e SCV under Montra Electric brand
- by MT Bureau
- May 13, 2024
TIVOLT Electric Vehicles, part of Murugappa Group and a subsidiary of TI Clean Mobility, is gearing up to launch an e-Small Commercial Vehicle (e-SCV).
Once launched, the vehicle is expected to bring about a significant change in India's mid-mile and last-mile mobility sectors, thanks to its cutting edge technology, distinctive design, strong performance, and durable build quality. The company says the development of the e- SCV will be a culmination of extensive research and rigorous testing.
Founded in February 2022 as a subsidiary of Tube Investments of India (TI), TICMPL is foussing on clean mobility solutions. With the inclusion of e-SCVs as its fourth EV platform, TICMPL is now positioned to offer complete mobility solutions to enterprises and logistics companies, serving their needs across intercity, intracity, and last-mile applications.
Vellayan Subbiah, Executive Vice Chairman, TII said “Montra Electric represents our commitment to enhancing life through eco-friendly mobility solutions, ushering in a new era of growth and innovation for us. The electric vehicle industry is experiencing an exciting phase of development, not only in India but globally as well. We have dedicated our top resources and time to develop this product, and we are looking forward to the customer response upon its launch in the coming months. At Montra Electric, our goal is to offer products and solutions that are beneficial for both our customers and our business, ensuring practicality and sustainability.”
He further stated that India is poised to lead the global adoption of electric vehicles, second only to China.
“TICMPL is making impressive strides in the electric vehicle sector with a substantial commitment of INR 3,000 crore. Currently, we are developing four platforms, including the successful MHCV truck and electric three-wheeler already in the market. What excites me the most is our upcoming Small Commercial Vehicle (SCV) platform. SCV represents the largest category in the commercial vehicle segment, making our entry into this arena particularly thrilling. This segment is primed to adopt EVs swiftly, supported by policies, government initiatives, and increasing adoption rates. Our dedication to becoming the foremost player in this segment in India is unwavering. The TIVOLT e-SCV is poised to be a standout product, a definite winner in the market,” concluded Vellayan Subbiah.
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Add Comment- Mahindra Last Mile Mobility
Mahindra Last Mile Mobility Sets Up Three-Wheeler EV Charging Stations In Mumbai Suburbs
- by MT News
- February 22, 2023
Mahindra Last Mile Mobility (LMM), a division of the Mahindra & Mahindra Group, has set up several charging stations near autorickshaw stands, auto driver home clusters and junctions. LMM has done this through strategic charging vendors. The division has done so to boost EV penetration in Mumbai and its suburbs.
Chargers have also been installed at Mahindra outlets and Mahindra Mitra Technician spots wherein customers can charge their three-wheelers. The charging points have been positioned in strategic locations like Malad, Kandivali, Mira Road, Navi Mumbai, Vasai, Virar, Andheri and so on. This is an ongoing process and the Mahindra team, along with key stakeholders, has identified additional charging spots in and around Mumbai and with due approvals, will commence work. The auto driver partners, too, have been notified of these additional charging points.
In addition to this, more than 60 mechanics have been trained by LMM’s service personnel to handle Mahindra three-wheeler EVs.
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Six robust DC fast EV charging stations have been installed at Terminal 1 and Terminal 2 of Mumbai’s Chhatrapati Shivaji Maharaj International Airport (CSMIA). They are available for service as Public Charging Stations (PCS) for passengers as well as guests visiting the airport.
The EV station at Terminal 1 is at P1 - Multi-level Car Parking (MLCP). At Terminal 2, it is at P5 – MLCP. There is another station at the Airside of Terminal 2 as well. The owners of private EVs and commuters who will avail of the charging stations at MLCP in either terminals will be billed only for the charging sessions. They will be given a deduction against the parking fees.
Adhering to all the requirements, policies and protocols outlined by the regulators, the charging stations at either terminal of CSMIA are of the CCS Type II Dual Gun 60 kW and GB/T (DC 001) Dual Gun 40 kW Charger type and compatible with all the prevailing EV cars in the country. There would be augmentation of 60 kW and 240 kW capacity EV chargers to cater to the needs of Airside logistics.
CSMIA runs on 100 percent renewable energy with its onsite solar power plant, Vertical Axis Wind Turbine (VAWT) and procures green power. For EV charging, the airport will source 100 percent green power, according to sources in the know of the development.
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Add Comment- BluSmart
- Mahendra Singh Dhoni
- MS Dhoni
- Cricket
- Sumant Sinha
- Sameer Tirkar
- responsAbility Investments
- Punit Goyal
BluSmart raises INR 2 billion in pre-Series B Round
- by MT Bureau
- July 15, 2024
BluSmart, a leading electric vehicle cab service and EV charging infrastructure network company, has raised $24 million (INR 2 billion) in pre-Series B funding round.
The company saw investment from responsAbility Investments (a leading impact asset manager); Sumant Sinha (a leading player in the Renewable Energy sector); MS Dhoni Family Office (former Indian cricket team captain); existing investors and BluSmart founders.
The funding the company says will be deployed to expand its operations in India, as well as grow its EV charging infrastructure and assets.
Interestingly, the company claims it has grown its fleet of 70 electric vehicles in January 2019 to 7,500 EVs plying across Delhi NCR and Bengaluru. Its EVs have clocked over half a billion (500+ million) electric kms and delivered over 16 million electric trips saving nearly 40 million kgs of CO2 emissions since launch. The company has over 9,800 driver partners and also operates one of the largest EV charging infrastructure with 50 EV Charging Hubs spread across 2 million sqft.
BluSmart states it recently crossed INR 5.5 billion ARR ($65 million Annual Revenue Run-rate).
Punit Goyal, Co-Founder, BluSmart said, “BluSmart is building an integrated energy-infrastructure, mobility and technology company to take the full advantage of the EV revolution. Our latest fundraise of $24 million is an important step in our journey to scale the e-mobility fleet and EV Charging Infrastructure.”
Sameer Tirkar, Head of Climate Infrastructure Investments APAC at responsAbility Investments AG said, “We are happy to continue our partnership with BluSmart through our second round of funding. BluSmart has been able to lead the way in building from the grounds up an entire EV ecosystem to disrupt the conventional modes of commute without compromising on reliability and convenience. We believe in their vision and capabilities in creating positive environmental and social impact by reducing carbon emissions in urban transportation.”
Sumant Sinha said, “The future of mobility is electric, and e-mobility is a crucial step in making the shift to cleaner, emissions-free transportation. India’s growing economy and favourable policies provide ample impetus to this transition. I am excited to partner with BluSmart in their growth journey.”
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