Under the partnership, Fyn plans to deploy these electric vehicles to be cross-utilised, making the overall cost of operations to businesses affordable as well as open up new opportunities within the industry.
With a 15-minute full charge, Fyn will be able to minimise idle time and enable multiple trips with a single Altigreen neEV Tez, says the media release. To support the fleet, Exponent has already installed 20 e pumps across Bengaluru and plans to add 80 more in the next 6 months.
Fyn is helping businesses and delivery agglomerates in the E-commerce, Quick-commerce, grocery, pharma and Courier sectors to solve the last mile and micro mobility challenges in Bengaluru, Chennai and Hyderabad.
“This energy packed partnership will redefine the last-mile logistics industry. With Fyn’s unique EV ecosystem platform and Exponent’s 15-minute full charge technology, we are returning the EV-as-a-service industry to look at cross utilisation of EVs as a metric of scale rather than just the number of EVs deployed, says Visakh Sasikumar, Founder and CEO, Fyn Mobility.
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Further, he added, “This partnership enables us to use a single commercial EV for 2 shifts covering close to 18 hrs of service which has now steadily become a reality. We believe cross utilisation is the more sustainable and eco-friendly approach in the EV logistics industry for the long run.”
“This partnership is about how our rapid charging tech & e^pump network perfectly complement FYNs platform to drive cross-utilization & redefine last-mile logistics. Last month, in partnership with Altigreen, we launched the neEV Tez – the world’s fastest charging 3W. We now have our e^pump network live across Bangalore, and are opening up other vehicle segments, with a core focus on logistics. Our seamless charging experience will power Fyn’s fleet and deliver unparalleled value to end users,” says Arun Vinayak, Co-founder, & CEO, Exponent Energy.