Construction logistics start-up Infraprime Logistics Technologies, on Wednesday, announced its plans to rollout 1,000 heavy-duty electric trucks on Indian roads post the successful commercial run of its fleet of 55-MT electric trucks over the last one year.
According to the company, the commercial run demonstrated up to 60% savings in operating cost over conventional diesel trucks – a factor that can bring down the cost of logistics significantly.
Infraprime which launched Electric Truck in India in August 2019, garnered significant attention as it pioneered industry-first air-conditioned battery pack with 600,000 km warranty.
The truck has a gradient of 23 per cent, significantly exceeding comparable diesel trucks – making its operation in difficult terrain much smoother.
“Our planned production is oversubscribed with a waiting time of six months. Owing to the significant demand for what we considered as a niche product, we are expanding our production capacity,” said Subodh Yadav, CEO of Infraprime Logistics Technologies.
The company which has raised investments from German VC fund Fundamental AG and entrepreneur-led fund Leo Capital and is backed by notable high net worth individuals including Vellayan Subbiah (MD, Tube Investments) hopes that its expansion plans can contribute to the economic revival in India in the post-pandemic world.
With 1,000 Electric trucks on the road in Delhi NCR, the company hopes that it will set the ball rolling for sustainable logistics. The days of fleet operators sweating over rising diesel bills would be over as the power required for charging electric truck batteries would be provided through company operated charger network.
At present, Infraprime Logistics Technologies is operating two charging stations on Delhi-Jaipur highway and a fleet of 12 electric Trucks is already on the road.