Altigreen s neEV Tez powered by Exponent fully charges in 15-minutes. This, along with Exponent’s e-pump network empowers Magenta to unlock unparalleled utilisation, freedom, and flexibility for last-mile logistics, the companies said.
Magenta Mobility has partnered with Altigreen Propulsion Labs and Exponent energy to launch a 15-minute rapid charging Electric Vehicle fleet. The Altigreen neEV Tez can be fully charged in 15 minutes will enable Magenta to take India s last mile logistics to the next level and reduce operational costs. The companies are set to deploy 1,000 Altigreen neEV Tez over the next 12 months, with 30 e^pumps already installed in Bengaluru.
Indian electric mobility startup Magenta Mobility has closed a $22 million Series A1 round, backed by $11 million each from Morgan Stanley India Infrastructure