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.
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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