Gentari Signs MoU With MoEVing To Provide 1,500 Electric Cargo Vehicles On Subscription For Its VaaS Offering

A file photo of Gentari Signs MoU With MoEVing To Provide 1,500 Electric Cargo Vehicles On Subscription For Its VaaS Offering

Clean energy solutions provider Gentari is maintaining its steady pace in delivering decarbonisation to key markets globally. In India, its green mobility arm is catalysing growth via a series of partnerships and investments.

Gentari further expanded its Vehicle-as-a-Service (VaaS) offering through an MoU with electric mobility provider MoEVing Urban Technology Private Limited (MoEVing) to provide 1,000 three-wheeler and 500 four-wheeler electric cargo vehicles on subscription. The document exchange ceremony held during the 8th Smart Cities India Expo saw Gentari represented by its Chief Executive Officer for green mobility solutions in India, Abhishek Dabas, while MoEVing was represented by its Founder and CEO, Vikash Mishra.

“High-quality electric four-wheelers coming into the market opens a whole new segment to electrify in the urban delivery ecosystem. We are excited to work with Gentari to deploy three- and four-wheeler commercial electric vehicles across India to reduce the carbon footprint of deliveries. With our operations, charging, and maintenance footprint spanning across India, we hope to bring change on-ground and electrify deliveries for e-commerce, e-grocery, the logistics segment and now also large FMCG and traditional companies,” Vikash Mishra, MoEVing’s CEO said.

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Gentari’s green mobility efforts in India have achieved significant milestones, with its VaaS offering having clocked three million clean kilometres, equivalent to more than 100 tonnes of carbon dioxide emissions reduction, through its current fleet of approximately 1,000 three-wheeler EVs serving third-party logistics and e-commerce operators as well as private users. In 2023, Gentari aims to further grow its EV fleet to more than 4,000 vehicles across ten cities with a mix of three- and four-wheeler vehicles. Meanwhile, from a current network of seven charging hubs operating in four cities at the end of 2022, Gentari targets to grow the number of hubs to 10 cities in 2023, expanding the current 162 charging points deployed in 2022.

Gentari’s plans in India complement the company’s 2030 global aspirations in building a renewable energy capacity of 30-40 GW; supplying up to 1.2 mtpa of clean hydrogen; and becoming Asia Pacific’s preferred green mobility solutions provider by capturing a 10% market share (around 25,000 charging points) across key markets in the region.

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Sushil Purohit, Gentari’s Chief Executive Officer, who was also present at the expo said, “We see vast potential in India’s increasingly decentralised energy infrastructure. This offers opportunities for global private players to participate in supporting India’s net zero goals. With a purpose to solve the world’s most pressing sustainable energy needs via our three core pillars – Renewable Energy, Hydrogen, and Green Mobility, Gentari believes this is the right time to grow our investments in India.”

“Gentari has several initiatives in the pipeline. We look forward to announcing new developments soon and always welcome enquiries from like-minded entities on potential collaborations,” Sushil concluded.

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