Log9 Materials Partners with Indeanta Ventures
Log9 Materials has partnered with electric-mobility-as-a-service solutions provider, Indeanta Ventures Pvt. Ltd. to provide Log9’s rapid-charging battery solution (RapidX batteries) to the latter’s two- and three-wheeler EV platforms. As a part of this strategic collaboration, Log9 and Indeanta will be working together in synergy for the next three years to jointly deploy over 15,000 RapidEVs (including both two-wheelers and three-wheeler EVs) powered by Log9’s InstaCharge battery-technology across various parts of India, including but not limited to cities like Bengaluru, Hyderabad, New Delhi, Pune, Chennai, and Kolkata. Out of these RapidEVs, a large majority will include cargo EV fleets used for logistics and last-mile delivery operations. The three-wheeler RapidEVs powered by Log9’s futurefacing InstaCharge battery technology shall be deployed by Indeanta in the near future for their existing contracts with Porter, Flipkart, Amazon, among other similar companies that are aggregating or operating large-sized delivery fleets. And hence, this brings Indeanta Ventures under the aegis of Log9’s Responsible Delivery Movement – a first-of-its-kind initiative where they are attempting to accelerate e-mobility adoption for last-mile deliveries and thereby bring down transportation and logistics-related emissions’ intensity in India to 33 per cent by 2030.