IPLT to roll out 1,000 heavy duty electric trucks

Gurugram based Infraprime Logistics Technologies (IPLT) is planning to rollout 1,000 heavy duty electric trucks in India post successful commercial run of its fleet of 55-MT electric trucks over the last one year. A fleet of 12 electric trucks is currently on the road. Their commercial run has demonstrated up to 60% savings in operating cost over conventional diesel trucks, the company said in a statement.

IPLT first launched its Electric Truck (Rhino-5536) in India in August 2019, with an industry-first air-conditioned battery pack and 600,000 km warranty. The truck has a gradient of 23%, significantly exceeding comparable diesel trucks.

Subodh Yadav, CEO of IPLTech aded, “Our planned production is oversubscribed with a waiting time of six months. Owing to the significant demand for what we considered a niche product, we are expanding our production capacity.”

The construction logistics start-up has raised investments from German VC fund Fundamental AG and entrepreneur-led fund Leo Capital. Notable high net worth individuals including Vellayan Subbiah (MD, Tube Investments) backed the Company in its seed round.

IPLT electric truck being used in construction logistics

The company also plans to roll out a charging network to power its electric trucks in Delhi NCR. IPLT is already operating two charging stations on Delhi-Jaipur highway and hopes to contribute to the economic revival in India in the post-Coronavirus world with its electric truck offering.

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