Fyn Mobility to roll out 1,500 EVs with Exponent Energy

With this partnership, Fyn plans to roll out these EVs to be cross-utilised making the overall cost of operations to businesses much more affordable, and open up new opportunities within the industry.

With a 15-minute full charge, Fyn will be able to minimise idle time and enable multiple trips with a single Altigreen neEV Tez, it added.

To support the fleet, Exponent has already installed 20 e-pump charging facilities across Bengaluru and plans to add 80 more in the next six months.

Fyn is helping businesses and delivery agglomerates in the e-commerce, quick-commerce, grocery, pharma and Courier sectors to solve the last mile and micro mobility challenges in Bengaluru, Chennai and Hyderabad.

“This energy packed partnership will redefine the last-mile logistics industry. With Fyn’s unique EV ecosystem platform and Exponent’s 15-minute full charge technology, we are re-tuning the EV-as-a-service industry to look at cross utilisation of EVs as a metric of scale rather than just the number of EVs deployed,” said Visakh Sasikumar, Founder and CEO, Fyn Mobility.

This collaboration enables Fyn to use a single commercial EV for two shifts covering close to 18 hours of service, which has now steadily become a reality, he said.

“We believe cross utilisation is the more sustainable and eco-friendly approach in the EV logistics industry for the long run,” Sasikumar added.

“This partnership is about how our rapid charging tech & e^pump network perfectly complement FYNs platform to drive cross-utilization & redefine last-mile logistics. Last month, in partnership with Altigreen, we launched the neEV Tez – the world’s fastest charging 3W. We now have our e-pump network live across Bangalore, and are opening up other vehicle segments, with a core focus on logistics,” said Arun Vinayak, Co-founder, & CEO, Exponent Energy.

Our seamless charging experience will power Fyn’s fleet and deliver unparalleled value to end users,” he added.