MOVER to get 250+ EVs from Magenta

Magenta Mobility, an electric mobility solutions provider, has entered into a partnership with MOVER, a logistics-tech company that supports SMEs and direct-to-consumer brands with last-mile delivery services.

Listen to this article

Under this collaboration, Magenta will deploy and manage a dedicated fleet of over 250 electric vehicles for MOVER, initially focusing on key metropolitan regions including Delhi NCR, Hyderabad, Bengaluru, and Chennai—marking a shift toward cleaner, smarter urban logistics.

MOVER, with its tech-enabled, asset-light model, gains a decisive advantage through this integration, particularly in cities like Delhi NCR, where commercial ICE and CNG vehicles face regulatory restrictions.

“With MOVER, we’re proving that sustainability and scale can go hand in hand. As India’s delivery demands evolve, we’re here to ensure businesses can grow responsibly, efficiently, and ahead of the curve,” said Maxson Lewis, Managing Director and CEO of Magenta Mobility.

The deployment of over 250 EVs enables expanded delivery windows, better fulfilment rates, and reduced operational costs, while supporting environmental goals. With lower maintenance needs and zero tailpipe emissions, the fleet helps make logistics both economically and environmentally sustainable, according to a statement.

Praveen Yadav, Founder and CEO of MOVER, said that joining hands with Magenta Mobility would help them strengthen their green delivery network while also boosting performance and reach. He added that the partnership was a timely step toward smarter, cleaner logistics for a fast-evolving India.

Both Magenta Mobility and MOVER plan to grow this partnership to cover all major cities across India and eventually expand into Tier 2 cities within the next 24 months.

Latest

Temasek-backed Sembcorp Green Infra gets SEBI nod for IPO

The proposed IPO comprises a fresh issue of Equity...

Chennai to Host Plumbing Conference, after 9 years

The conference will bring together water, plumbing, sanitation and...

Bodhi Tree Systems to invest $180 mln in A2B

The investment will help scale A2B nationally and across...

Retail inflation crosses 6% in October

“October's inflation print was less a surprise than a...

Newsletter

Don't miss

Temasek-backed Sembcorp Green Infra gets SEBI nod for IPO

The proposed IPO comprises a fresh issue of Equity...

Chennai to Host Plumbing Conference, after 9 years

The conference will bring together water, plumbing, sanitation and...

Bodhi Tree Systems to invest $180 mln in A2B

The investment will help scale A2B nationally and across...

Retail inflation crosses 6% in October

“October's inflation print was less a surprise than a...

Brazil’s WEG to invest Rs 2,000 crore in Dharmapuri

The company had earlier evaluated multiple states and following...

Temasek-backed Sembcorp Green Infra gets SEBI nod for IPO

The proposed IPO comprises a fresh issue of Equity Shares aggregating up to Rs 3,750 crore, with no Offer for Sale (OFS) component. Sembcorp proposes...

Chennai to Host Plumbing Conference, after 9 years

The conference will bring together water, plumbing, sanitation and infrastructure experts, along with key stakeholders from across India’s construction sector. The conference will focus...

Bodhi Tree Systems to invest $180 mln in A2B

The investment will help scale A2B nationally and across the globe. However, how much stake  Bodhi Tree will take was not disclosed. A2B has a...