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5,000 More Electric Vehicles From Moeving This Year

TNI || New Delhi || 20th April || 2022

MoEVing, an e-mobility technology platform, has declared that it will expand its operations to cities across Uttar Pradesh, Punjab, Tamil Nadu, Rajasthan, and Gujarat.

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As a result, it intends to roll out 5,000 additional electric vehicles in such markets this year. The organisation already has over 1,000 electric two-as well as three-wheelers on the road, and it intends to increase its fleet in the near future.

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Chandigarh, Lucknow, Jaipur, Ludhiana, Coimbatore, and Ahmedabad are among the 16 cities in 11 states where MoEVing is already available.

Surat, Agra, Meerut, and Jalandhar will be added to the network in the near future. The company plans to electrify its fleet in Tier-II cities, significantly speeding up EV adoption.

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By 2023, MoEving hopes to have a fleet of 10,000 electric vehicles and 100 charging stations in 30 cities.

Vikash Mishra, the company’s co-founder and CEO, emphasised the importance of commercial vehicle electrification, saying that this decade’s biggest mobility-energy disruption will be headed by commercial e-mobility, starting with last-mile intra-city delivery trucks.

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He went on to say that MoEVing has 20 customers, including leading e-commerce, FMCG, e-grocery, logistics, and D2C firms, which are dedicated to expediting electrification not only in Tier-I cities, but in Tier-II cities and even beyond.

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He also said that the delivery industry’s current pulse is being driven by rapid commerce, which is expanding even faster in Tier II and III cities across the country.

Earlier, electric vehicle maker Euler Motors partnered with electric charging solutions company Magenta to deliver 1,000 HiLoad electric three-wheelers throughout Bangalore, with plans to expand to other cities over the next 12 months.

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The Euler HiLoad EVs will be used in a variety of applications, like e-commerce, pharmaceuticals, food delivery, and other last-mile logistics.