Ending Soon! Save 33% on All Access

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.
Side Hustle

The Side Hustle He Started at Age 15 Led to a $4 Billion Boon for Small Businesses: 'They Would Take a Chance on Me With Their Hard-Earned Money'

Nic Beique asked his local barber, gym and more if they'd like him to build a website for their businesses.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Now that OpenAI's Superalignment Team Has Been Disbanded, Who's Preventing AI from Going Rogue?

We spoke to an AI expert who says safety and innovation are not separate things that must be balanced; they go hand in hand.

Starting a Business

I Wish I Knew These Four Things Before Starting My Own Business

Starting a business is hard work to say the least. These are four lessons I wish someone had shared with me before going solo, so I'm here to share them with you.

Employee Experience & Recruiting

Beyond the Great Resignation — How to Attract Freelancers and Independent Talent Back to Traditional Work

Discussing the recent workplace exit of employees in search of more meaningful work and ways companies can attract that talent back.

Franchise

What Franchising Can Teach The NFL About The Impact of Private Equity

The NFL is smart to take a thoughtful approach before approving institutional capital's investment in teams.