UltraTech Cement Limited, the world’s largest cement company by sales volume and capacity outside China, has announced plans to scale up its electric vehicle fleet in logistics operations to over 600 EV trucks by December 2026. The company has signed service contracts with leading EV manufacturers including Tata Motors, Ashok Leyland, IPLTech, Energy in Motion, […]
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Zypp Electric, India’s leading EV-as-a-service platform, has witnessed a robust financial performance for the fiscal year 2024-25, recording a significant ~50% growth in revenue. The company’s revenue surged from ₹302 crore in FY’24 to ~₹455 crore in FY’25, further strengthening its position in the rapidly growing electric mobility and last-mile logistics space. This fiscal year, […]
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To provide clients with the most efficient logistics solutions and transportation services, EVET powered by Magenta has implemented a new connected Fleet Management system to its EV delivery & logistics services. The connected solutions shall offer real-time insights for track and trace, vehicle health, driving behaviour, real-time state of charge and low-charge alarms. It shall […]
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