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Tuesday, 12 April 2022

Magenta plans to deploy 1,000 e-cargo vehicles with Euler Motors in key Indian cities

Magenta said under EVET, it is already operating over 400 electric cargo transport services, using the electric mobility platform. The company had earlier this year announced its aim to deploy and operate over 2400 EVs in its fleet in Bengaluru, Hyderabad, Mumbai and Chennai in 2022. According to the company, EVET has witnessed 10x growth since launch in the Bengaluru market in the previous fiscal year.

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