Electric Vehicle fleet operator 3eco Systems and battery-tech startup Log9 Materials have announced a partnership aimed to deploy over 2,000 InstaCharged 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. Notably, these Commercial Electric Vehicles (CEV) will be catering to e-commerce and hyperlocal logistics players such as Amazon, Flipkart, Big Basket, etc.
In India, the last-mile logistics sector is anticipated to increase by 900 per cent to USD 9 billion by 2025, largely driven by the e-commerce industry. For intra-city logistics, 3-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. And this is exactly where the collaboration between Log9 and 3eco Systems comes in and can prove to be a game-changer.
Peter Voelkner, MD, 3eco Systems commented on the launch saying, “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.
He then added that the company strives to analyze the bottlenecks, operating challenges, and other efficiency issues, then works with partners like Log9 Materials to design solutions for greater productivity based on the operating capabilities.
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. 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 & 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. Our RapidX batteries form an integral part of 3eco’s fleet operations and the rapid charging technology would ensure higher utilization of the EVs across multiple use cases for the partners such as 3eco Systems.”
Log9 and 3eco Systems claim to be on a shared mission of electrification and digitization of the last-mile logistics segment. Their partnership will also in the longer run aim to accelerate setting up of fast-charging infrastructure across the cities of operations.