Get All Access for $5/mo

Magenta Mobility Launches Sustainable Logistics Solutions In Chennai With this launch, Magenta to service new local businesses and existing marquee clients from B2C, FMCG, E-Commerce and Logistics segments.

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Maxson Lewis, Founder & CEO, Magenta Mobility flagging off EV fleet in Chennai.

Magenta Mobility, an integrated electric mobility solutions provider, has introduced Electric Vehicle (EV) logistics solutions for local businesses and service existing marquee clients from B2C, FMCG, E-Commerce and Logistics segments.

The company aims to offer integrated transport solutions by designing an ecosystem to support the transformation to EVs, thereby reimagining how goods move within the city. In addition to electrifying the commercial mobility space in Chennai, the deployment of electric vehicles will have a positive impact on reducing carbon emissions.

So far, Magenta vehicles have traveled 11.5 million clean kilometers across India and managed to keep 291.35 MT of carbon dioxide out of our air.

This launch highlights the significance of electric vehicle adoption for reducing carbon emissions in the logistics sector. Furthermore, it emphasizes the importance of EV logistics, acknowledging its potential to contribute to environmental sustainability.

Sharing his views, Maxson Lewis, Founder & CEO, Magenta Mobility said, "At Magenta Mobility, we are dedicated to supporting India's decarbonization goals through innovative solutions and strategic partnerships. Our entry into Chennai marks a significant milestone in our journey towards revolutionizing the urban freight movement while contributing to a sustainable future for the region."

With an existing fleet of nearly 2000 electric vehicles, the company currently operates in 17 cities. In support of its electric fleet, Magenta has also established over 65 charging depots equipped with over 2000 chargers, ensuring the efficient operation of its electric delivery vehicles.

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
News and Trends

Easing the stress with new-age health solutions

With rapid scaling and idea-making seen in the Indian eco-system, it is only speculated that the now-easily accessible healthcare systems will try to reach further depths of the country.

Business News

Microsoft Reportedly Lays Off Over 1,500 Employees in Cloud Sector as Partnership with OpenAI Strengthens

Alphabet also reportedly laid off employees from several teams in Google's cloud unit last week.

Business News

Amazon Has a Blank Book Problem: Buyers Report Receiving Fakes of Bestselling UFO Book

The book looked fine on the outside, but the inside was out-of-this-world.

Business News

Paramount Leadership Alludes to Layoffs If Merger Does Not Go Through

Paramount is awaiting approval on its merger with Skydance Media from majority shareholder Shari Redstone.

Green Entrepreneur®

Why You Need a Contribution Mindset to Thrive in 2024 and Beyond

How to set yourself and your business up for long-term success.

Business News

ChatGPT Users Report Mass Outage, OpenAI Says It's 'Investigating'

ChatGPT's outage was first reported early Tuesday morning.