Advanced battery-technology and deep-technology startup Log9 Materials today entered into a partnership initiated through a Memorandum of Understanding (MOU) with electric-mobility-as-a-service solutions provider Indeanta Ventures Pvt. Ltd. to offer Log9’s rapid-charging solution for batteries (RapidX batteries) to the company’s 3 and 2 wheeler electric vehicle platforms.
As component of this strategic alliance, Log9 as well as Indeanta will work to synergize efforts over the next three years to collectively deploy over 15,000 RapidEVs (including 3-wheelers as well as 2-wheeler electric vehicles) driven with the Log9 InstaCharge battery technology in various regions of India including cities such as Bengaluru, Hyderabad, New Delhi, Pune, Chennai and Kolkata. From these RapidEVs the majority of them will be cargo EV fleets that are used to transport goods and last-mile delivery services, the company statement stated.
The three-wheeler RapidEVs are powered with the Log9’s InstaCharge battery technology will be rolled out by Indeanta within the next few months to fulfill their current contracts that include Porter, Flipkart, and Amazon as well as others, an announcement from the company announced.
Kartik Hajela, co-founder and COO of Log9 Materials said, ..the strategic partnership could also help to enhance the market position of both companies and expand in the short-term and help them expand across India and around the globe over the long-term. Together, Log9 and Indeanta are hoping forward the transformation of the logistics and delivery ecosystem of the country toward a more sustainable, sustainable and efficient model.”
Through this partnership, Indeanta Ventures under the Log9’s Responsible Delivery Movement are attempting to boost the use of e-mobility in last-mile deliveries , and reduce the logistics and transportation emission intensity India by as much as 33 percent by 2030, according to the press release said.
Aaron Dsouza, Founder & CEO of Indeanta Ventures, said, “Through this partnership, Log9 will now be providing its climate-friendly and safe fast-charging batteries for our fleet of delivery 3-wheeler and 2-wheeler EVs.”
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