Bangalore, Karnataka
Bangalore-based COGOS, the end-to-end
enterprise logistics company, will increase its fleet by 2500 electric vehicles
(EV)across Bangalore, Hyderabad, Delhi and Gujarat, Maharashtra and Tamil Nadu. The fleet is expected to achieve a
reduction of 15000 tonnes of CO2, when running at full capacity, per year. The
fleet addition will take place in a phased manner over the next 24 months in a
bid to reduce the carbon footprint
of its fleet and to achieve sustainable growth.
Cogos has partnered with OEMs
(Original Equipment manufacturers) including Altigreen, Mahindra & Mahindra
and Piaggio to enable its sustainable growth. Currently, the company operates
with three-wheeler commercial vehicles that have a payload capacity of 500 kgs,
and is already working with the OEMs for 4-wheeler EVs with a capacity of 1
tonne. These EVs will be used for the e-commerce, grocery, distribution and
mobility sector. COGOS has already entered into deployment agreements of 500+
vehicles for leading E-Com Enterprise and another 300+ with Food, FMCG and
Mobility enterprises.
COGOS is committed to strengthening the ecosystem by promoting EV ownership and
creating a pool of fleet-owning entrepreneurs focused on sustainable growth,
with a special focus on women empowerment through entrepreneurship and
upskilling. This includes evangelising the benefits of EV to finance providers.
Prasad Sreeram, Co - founder &
CEO, COGOS said that, it is important for the logistics company to focus on
efficiency and sustainability. With this fleet augmentation of 2500 EVs, they
will achieve as much as 30 percent of revenues from green technologies by 2023.
is an AI-led Logistics platform coupled with mobile and control tower capabilities. COGOS was founded in 2016 by Serial Entrepreneurs Prasad Sreeram and Dr Rama Mohan Katta with decades of experience in Logistics, Technology, Scaling and Global Operations.
Source: COGOS Press Release
Image Source: Google Images
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