Chennai, 21st March 2024: Magenta Mobility, an integrated electric mobility solutions provider, has announced its expansion into Chennai, introducing Electric Vehicle (EV) logistics solutions for local businesses and service existing marquee clients from B2C, FMCG, E-Commerce and Logistics segments. This move reinforces Magenta’s commitment to decarbonizing India’s supply chain through safe, smart, and sustainable logistics solutions.
Magenta Mobility has introduced its fleet of 3W and 4W electric vehicles to the city. The company aims to offer integrated transport solutions by designing an ecosystem to support the transformation to EVs, thereby reimagining how goods move within the city. In addition to electrifying the commercial mobility space in Chennai, the deployment of electric vehicles will have a positive impact on reducing carbon emissions. So far, Magenta vehicles have traveled 11.5 million clean kilometers across India and managed to keep 291.35 MT of carbon dioxide out of our air.
This launch highlights the significance of electric vehicle adoption for reducing carbon emissions in the logistics sector. Furthermore, it emphasizes the importance of EV logistics, acknowledging its potential to contribute to environmental sustainability.
Sharing his views on the expansion, Maxson Lewis, Founder & CEO, Magenta Mobility said, “At Magenta Mobility, we are dedicated to supporting India’s decarbonization goals through innovative solutions and strategic partnerships. Our entry into Chennai marks a significant milestone in our journey towards revolutionizing the urban freight movement while contributing to a sustainable future for the region.”
With marquee investors like HPCL, bp, Morgan Stanley, JITO Angel Network, and renowned Indian American philanthropist, Dr. Kiran Patel, Magenta drives innovation and growth within the Indian EV logistics sector. With an existing fleet of nearly 2000 electric vehicles, the company currently operates in 17 cities. In support of its electric fleet, Magenta has also established 65+ charging depots equipped with over 2000 chargers, ensuring the efficient operation of its electric delivery vehicles.
About Magenta Mobility:
Magenta Mobility is a leading end-to-end integrated E-Mobility solutions provider. The company is committed to the vision of “Decarbonizing Logistics” by providing clean, sustainable and affordable delivery solutions across the country. They are building India’s safest and smartest electric mobility ecosystem. Currently, they have 2000 electric fleet vehicles spread across 17 cities in India serving clients in e-commerce, grocery, FMCG, food and pharmaceuticals industry for their last-mile deliveries. Furthermore, they have their own Electric Fleet Management System which makes them an excellent partner for businesses looking to achieve practical portability goals in decarbonization. For more information, please visit www.magentamobility.com.
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