Gentari, a clean energy solutions company wholly owned by Malaysia-based Petronas, has signed a Memorandum of Understanding (MoU) with Tata Motors for the supply of 5,000 units of Tata Ace EV commercial vehicles over three years. As per the MoU, Tata Motors will deliver 1,000 units of Ace EV in the first year, for deployment in cities such as Delhi, Bengaluru, Hyderabad, Pune, and Kolkata.
Gentari has further expanded its Vehicle-as-a-Service (VaaS) offering through an MoU with electric mobility provider MoEVing Urban Technology (MoEVing) to provide 1,000 three-wheeler and 500 four-wheeler electric cargo vehicles on subscription.
“High-quality electric four-wheelers coming into the market opens a whole new segment to electrify in the urban delivery ecosystem. We are excited to work with Gentari to deploy three- and four-wheeler commercial electric vehicles across India to reduce the carbon footprint of deliveries. With our operations, charging, and maintenance footprint spanning across India, we hope to bring change on-ground and electrify deliveries for e-commerce, e-grocery, the logistics segment and now also large FMCG and traditional companies,” Vikash Mishra, MoEVing’s CEO said.
Separately, Gentari also exchanged MoU documents with logistics company Gati KWE (Gati) to provide 500 electric cargo vehicles through its VaaS offering.
Introduced in Sept. 2022, Gentari aims to deliver a suite of renewable energy, hydrogen, and green mobility solutions that are safe, responsible, cost-optimized, and emissions-abated by applying an integrated approach across the clean energy value chain for customers globally.
Gentari, with its VaaS, has a current fleet of approximately 1,000 three-wheeler EVs serving third-party logistics and e-commerce operators as well as private users. In 2023, Gentari aims to further grow its EV fleet to more than 4,000 vehicles across ten cities with a mix of three- and four-wheeler vehicles. Meanwhile, from a current network of seven charging hubs operating in four cities at the end of 2022, Gentari targets to grow the number of hubs to 10 cities in 2023, expanding the current 162 charging points deployed in 2022.
Gentari’s plans in India complement the company’s 2030 global aspirations of building a renewable energy capacity of 30-40 GW; supplying up to 1.2 mtpa of clean hydrogen; and becoming Asia Pacific’s preferred green mobility solutions provider by capturing a 10% market share (around 25,000 charging points) across key markets in the region.
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