EVage: Revolutionizing India’s Logistics Sector
EVage Ventures, a startup based in Chandigarh, set out on a mission in 2014 to revolutionize India’s logistics sector by providing locally designed electric commercial vehicles that are free from emissions. With an unwavering focus on research and development, EVage has established itself as a frontrunner in the industry, acquiring more than 20 patents and securing over Rs 250 Cr in funding. Through close collaboration with prominent FMCG, e-commerce, and logistics companies, EVage has successfully created a prototype of a four-wheeler commercial electric vehicle that offers a substantial reduction in the Total Cost of Ownership (TCO) compared to traditional internal combustion engine counterparts
The Journey Towards Sustainable Mobility
EVage Ventures, founded by Inderveer Singh, has experienced a remarkable journey since its inception. Singh reflects on the initial challenges, stating that when they began in 2014, the electric vehicle ecosystem in India was still in its nascent stages. Determined to deliver a superior product, EVage started from scratch and invested considerable time and effort to understand the specific needs and challenges of mid and last-mile delivery in industries such as FMCG, e-commerce, and logistics.
To ensure their product’s success, EVage engaged in extensive conversations with delivery drivers, gathering valuable insights into the ground-level problems they faced. This customer-centric approach played a pivotal role in designing and building their final product in close coordination with early fleet customers, including Amazon India’s Delivery Service Partner.
EVage’s commitment to sustainable mobility is evident through their development of a technologically advanced, economical, and efficient mid and last-mile delivery solution. By harnessing localized innovation, EVage has managed to reduce the Total Cost of Ownership (TCO) for their electric commercial vehicles. Singh boldly asserts that EVage aims to achieve up to 25% cheaper TCO compared to its internal combustion engine counterparts, thereby offering substantial economic advantages to customers.
Pioneering Change through Electric Commercial Vehicles
EVage Ventures has positioned itself as a pioneering force in India’s logistics sector with its electric commercial vehicles. The company’s diligent research and development efforts have resulted in the creation of a four-wheeler prototype that showcases its commitment to revolutionizing the industry.
By focusing on emission-free electric vehicles, EVage is contributing to a greener and cleaner environment. The reduction of harmful emissions from transportation plays a vital role in addressing the global challenge of climate change. EVage’s vehicles not only offer environmental benefits but also provide numerous advantages for businesses and consumers alike.
With the rise of e-commerce and the increasing demand for efficient logistics solutions, EVage’s electric commercial vehicles offer an ideal solution for last-mile delivery. The vehicles’ design, engineering, and advanced technology have been optimized to cater to the specific needs of the logistics industry, ensuring smooth operations and enhanced customer satisfaction.
Furthermore, EVage’s commitment to local innovation and manufacturing strengthens India’s position in the electric vehicle domain. By harnessing homegrown expertise, EVage showcases the country’s potential to develop cutting-edge technologies and contribute to the global EV market.
EVage Ventures has emerged as a game-changer in India’s logistics sector through its locally designed electric commercial vehicles. By investing heavily in research and development, EVage has developed a prototype that significantly reduces the Total Cost of Ownership (TCO) compared to traditional internal combustion engine vehicles. With a customer-centric approach and close collaboration with industry leaders like Amazon India, EVage is revolutionizing last-mile delivery while championing sustainable mobility. Through its dedication to innovation and commitment to a greener future, EVage Ventures is poised to leave a lasting impact on India’s logistics industry and beyond.
Written by Kanika Jain