On Thursday, Fyn Mobility announced a partnership with Exponent Energy to distribute 1,500 electric three-wheelers made by Altigreen that could be fully charged in just 15 minutes.
Fyn will become the first logistics company in the world to operate a fleet of EVs with a 15-minute full charge thanks to the addition of Altigreen’s neEV Tez and Exponent’s e-pump network, the company said in a statement.
Through this partnership, Fyn hopes to deploy these EVs for a variety of uses, lowering the overall cost of operations for businesses and creating new business opportunities.
With a 15-minute full charge, Fyn will be able to minimise idle time and enable multiple trips with a single Altigreen neEV Tez, it added.
To support the fleet, Exponent has already installed 20 e-pump charging facilities across Bengaluru and plans to add 80 more in the next six 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 re-tuning 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,” said Visakh Sasikumar, Founder and CEO, Fyn Mobility.
This collaboration enables Fyn to use a single commercial EV for two shifts covering close to 18 hours of service, which has now steadily become a reality, he said.
“We believe cross utilisation is the more sustainable and eco-friendly approach in the EV logistics industry for the long run,” Sasikumar added.
