CABT Logistics to buy 500 Mahindra EVs

Intra-city logistics players to acquire electric three-wheelers from Mahindra.

Autocar Pro News Desk By Autocar Pro News Desk calendar 23 Sep 2022 Views icon4930 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Suman Mishra, Chief Executive, Mahindra Electric Mobility  with S Sridhar, Director - EV, CABT Logistics

Suman Mishra, Chief Executive, Mahindra Electric Mobility  with S Sridhar, Director - EV, CABT Logistics

Intra-city logistics company CABT Logistics has tied up with Mahindra and Mahindra to procure 500 Mahindra-manufactured electric vehicles.

CABT is essentially a first- and last-mile delivery platform with warehousing and logistics operations in over 20 states in India. CABT Logistics recently announced plans to invest $ 8million to set up micro-fulfilment centres across India. The company handles the logistics requirements for leading companies including DHL, Maersk, IKEA, Amazon and Flipkart.

Mahindra & Mahindra will be offering a 5-year warranty on the battery or 150,000km, whichever is earlier.

Shailesh Kumar, founder of CABT Logistics said, “Sustainability is of paramount importance for us. In cognizance of that, we have been investing heavily in electric vehicles for both first-mile and last-mile deliveries. We aim to have at least 2,000 EVs by the end of 2022. This tie-up with M&M is in the same vein. This collaboration will not only ensure a strengthened fleet but also help in reducing our and our clients’ carbon footprint. It is a huge step towards our continued commitment to sustainability as well.” 

 

 

 

RELATED ARTICLES
Allison Transmission to double capacity at Chennai plant, invest over Rs 800 crore

auther Autocar Pro News Desk calendar03 Nov 2024

As part of its strategy to meet increasing global demand for its fully automatic transmissions, the US-based propulsion ...

Suzuki to build new biogas plants in India, inks MoUs with Amul Dairy and Dudhsagar

auther Autocar Pro News Desk calendar30 Oct 2024

Suzuki Motor Corp, which is already working with NDDB and Banas Dairy in Banaskanta, Gujarat, to set up five biogas prod...

Saera Auto to supply e-carts to logistics company Porter in Delhi and Bengaluru

auther Autocar Pro News Desk calendar29 Oct 2024

The pilot project will roll out in Delhi and Bengaluru with the initial projection of 500 vehicles per month. Saera Auto...