LetsTransport partners with SUN Mobility to electrify last-mile delivery through battery swapping
SUN Mobility, the leading provider of battery swapping services for electric vehicles (EVs), today announced a strategic partnership with LetsTransport, a technology-powered last-mile logistics and hyperlocal Third-Party Logistics company that is dedicated to the last-mile & middle-mile delivery sector.
As part of the alliance, 100 electric 3-wheeler cargo vehicles powered by SUN Mobility’s swap technology have already been deployed across Delhi-NCR and Bangalore, and in the next one year, SUN Mobility and LetsTransport plan to expand this fleet to over 2000 vehicles, contributing to the fast-growing EV-based last-mile delivery segment. They also plan to provide customizable integrated solutions to E-commerce, FMCG and Bluechip companies. Beyond Delhi-NCR and Bangalore, the companies shall further expand their operations in major cities such as Hyderabad, Mumbai, Pune, Jaipur and Ahmedabad.
Speaking on the partnership, Pushkar Singh, Co-founder & CEO, Lets Transport, said “We are working with our customers to build cleaner and sustainable logistics solutions. With low operational and maintenance costs, we are seeing EVs play a pivotal role in intra-city and last-mile logistics. Our emphasis is on strengthening the EV ecosystem by enabling financing of EVs, partnering with different CPOs and CSO as well as enabling a marketplace for the resale of EVs in the near future. We are excited to partner with SUN Mobility and look forward to deploying up to 2000 Electric Vehicles within the next 12-18 months across 7 major cities – Delhi-NCR, Bangalore, Hyderabad, Mumbai, Pune, Jaipur, Ahmedabad. Along with SUN Mobility, we aim to jointly provide a customizable integrated logistics solution to our E-commerce, Retail, FMCG, 3PL & other Enterprise clients.”
Anant Badjatya, CEO of SUN Mobility said, “We are thrilled to receive an overwhelming response to our electric Mobility-as-a-service solution for last mile delivery. With leading fleet providers such as LetsTransport adopting our solution is a testimony to its cost-effectiveness and reliability. Along with LetsTransport, our aim is to enable e-commerce, FMCG, Bluechip and retail industries to access affordable and electric last-mile delivery services using electric 2- & 3-wheelers powered by our network of swapping stations. This partnership is a big step in our goal of mass adoption of EVs in an economic and effective manner.”
Founded by IIT-Kharagpur alumni, LetsTransport is a Bengaluru-based intracity logistics firm which focuses on E-Commerce, Retail, FMCG, and 3PL clients with operations now in 30+ cities in India. These include brands like Coca-Cola, Bisleri, Amazon, Metro Cash and Carry, and TVS Logistics. It provides intercity aggregation of mini trucks as well as large vehicles along with screened drivers, audited and GPS-enabled vehicles, point-to-point billing, status updates, and 24×7 service at economical pricing. LetsTransport has been funded by the likes of Bertelsmann India Investments, Fosun RZ Capital and GMO Venture Partners.
About SUN Mobility
SUN Mobility is a global leader in providing energy services to the transport sector enabling electric vehicles to be refueled in a faster, cheaper, and more convenient way; thereby helping mass adoption of electric vehicles globally and transition to a sustainable, pollution-free future possible.
Founded in 2017, it is a joint venture between SUN Group and Maini Group, pioneers in areas of electric mobility and clean energy. The company is co-founded by Chetan Maini, previously founder of Reva Electric Car Company now Mahindra Electric, Uday Khemka, Vice Chairman of SUN Group, and Ajay Goel, Co-Founder & Executive Director,. In 2019, Bosch acquired stake in SUN Mobility and has been a strategic partner in accelerating the technological evolution in the company. Vitol, world’s largest independent oil trading organization, is also a strategic investor in the company. SUN Mobility’s energy solution, deployed at Swap PointTM leverages its interoperable battery swapping technology by means of Smart Battery, Quick Interchange Station and Smart Network. The organization is working with fleet operators, shared mobility providers, cities and automotive OEMs across all platforms including 2/3 wheelers and buses to challenge the status quo with an economical, scalable, and smarter way forward. SUN Mobility has deployed 107+ Swap Points™ in more than 17 cities in India, powering over 35 million kms in the country so far.
Source – PR Agency