Amplus Solar Signs MoU to include Tata Motors’ Ace EV in its Clean Mobility Fleet

Oil & gas major Petronas Group member company Amplus Solar said that its electric mobility vertical has signed a Memorandum of Understanding (MoU) with $34 billion automotive major Tata Motors Ltd for procurement of Ace EV, to strengthen the former’s fleet with clean mobility solutions.

The company provides an electric vehicle (EV) fleet for cargo delivery to the nation’s top e-commerce, on-demand logistics and other companies on various subscription models.

The agreement is a critical leap forward in Amplus’ drive toward promoting clean mobility, said Abhishek Dabas, Chief Operating Officer of Amplus Solar’s clean mobility solutions, adding that “electric mobility holds the potential to disrupt the existing logistics and transportation industry. At Amplus, the scope of this disruption is even stronger as we operate our fleets by leveraging the best technology, thereby eliminating inefficiencies, and reducing existing delivery costs. Tata Motors Limited’s ACE EV will be a phenomenal addition to our fleet, and we hope to achieve the collective goal of zero-carbon cargo mobility in India.”

Ace EV is the electric version of the ever-popular Ace and is among India’s most advanced, zero-emission, four-wheel small commercial vehicles (SCV): a green and smart transport solution.

Amplus Solar’s electric mobility vertical is a 100 per cent subsidiary of Amplus Solar Singapore and is headquartered in Gurugram. It is aiming to ramp up operations to 1,000+ EVs by the end of 2022 with a mix of two-wheeler, three-wheeler, and four-wheeler vehicles in its portfolio. At 1,000 vehicles, that translates to a daily 1,00,000+ clean km with a CO2 offset of 20+ tonnes.

The brand already has more than a dozen parking and charging hubs that are used by its partners to deliver goods to their clients. This takes away not just the range anxiety in terms of the geographic span of operation but also gives longer operational hours. As part of its expansion from hundreds to thousands of vehicles, this captive charging infra will continue to grow. Once it has reached a requisite scale, this charging infra will be opened for public charging as EV penetration increases in the market.

Petronas has recently announced that it will set up a new, independent entity focused fully on cleaner energy solutions and will capture opportunities in the energy transition alongside its core portfolio. The new entity will provide customers with lower carbon solutions through three initial core offerings – renewables, hydrogen and green mobility.