Business
July 16, 2023
3 min

Magenta Mobility, Altigreen & Exponent partner to roll out 15-minute rapid charging EV fleet - ITLN

Electric mobility provider Magenta Mobility has partnered with energy-tech startup Exponent Energy and electric vehicle manufacturer Altigreen Propulsion Labs. Altigreen's neEV Tez, powered by Exponent, can fully charge in 15 minutes, while Exponent's e^pump network allows for rapid charging. This partnership aims to provide efficient last-mile logistics solutions, reduce operational costs, and promote greener and more sustainable operations in India. Magenta plans to deploy 1,000 Altigreen neEV Tez vehicles over the next year supported by Exponent's e^pump charging infrastructure.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry