This deployment is part of the MoU inked between the two entities in October 2023, which targeted 500 units of the Tata Ace EV, the company said in a media release.
The Ace EV is powered by EVOGEN powertrain that offers a 7-year battery warranty and a 5-year comprehensive maintenance package. It delivers all-weather operations with an advanced battery cooling system and regenerative braking system to boost the driving range. It allows regular and fast charging capabilities for high uptime. It is powered by a 27kW (36hp) motor with 130Nm of peak torque, to ensure best-in-class pickup and grade-ability allowing easy ascend in fully loaded conditions. The vehicle’s robust performance, with near-100% uptime, has received an overwhelming response from customers.
Maxson Lewis, Founder & CEO of Magenta Mobility, said, "We are thrilled to deepen our collaboration with Tata Motors, furthering our commitment to delivering safe, smart, and sustainable mobility solutions across India. The deployment of 100+ Tata Ace EVs marks a significant stride towards our ambitious 'Ab Ki Baar Dus Hazaar' program, aimed at deploying 10,000 electric vehicles by September 2025. By synergizing Tata Motors’ expertise in four-wheel small commercial vehicles (SCVs) with our integrated capabilities in logistics, charging infrastructure, and technology, this partnership is poised to redefine industry standards."
Vinay Pathak, Vice President and Business Head – SCVPU, Tata Motors, said, “Marking a major milestone in our partnership with Magenta Mobility, we take immense pride in the deployment of Tata Ace EVs into their fleet. This reaffirms our shared vision of revolutionising intra-city distribution through advanced, zero-emission mobility solutions. The Ace EV, a product of our co-creation efforts, offers unparalleled performance, reliability and operational efficiency, while contributing to a greener future for India. This deployment is a testament to our unwavering commitment to democratising sustainable e-cargo transportation across the nation. Together, we are paving the way for a cleaner, greener and more environmentally conscious future for India."
Magenta Mobility is backed by investors including HPCL, BP, Morgan Stanley, JITO Angel Network, and renowned Indian American philanthropist Dr. Kiran Patel.
Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.
