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Ampvolts Limited Partners with Cholamandalam Leasing to Establish 17 EV Charging Hubs Across Western India

Ampvolts Limited Partners with Cholamandalam Leasing to Establish 17 EV Charging Hubs Across Western India

Ampvolts Limited has partnered with Cholamandalam Leasing Limited to establish 17 high-capacity electric charging hubs across Western India’s industrial and logistics corridors. The infrastructure will support Montra Electric RHINO 5538 EV trucks for long-haul electric freight movement, backed by over 18 months of operational experience. The project is expected to reduce approximately 650,000 tonnes of CO2 emissions annually and addresses critical infrastructure gaps in India’s growing electric trucking sector, which is projected to grow at ~55% CAGR through FY2030.

Ampvolts Limited has announced a strategic partnership with Cholamandalam Leasing Limited to establish 17 high-capacity electric charging hubs across Western India, marking a significant step forward in the country’s electric trucking infrastructure development. The initiative aims to bridge critical infrastructure gaps and make electric trucking commercially viable across high-density freight routes.

Strategic Partnership for Green Mobility

The partnership between Ampvolts Limited and Cholamandalam Leasing Limited focuses on developing charging infrastructure in industrial and logistics corridors throughout Western India. The network will support the deployment of Montra Electric RHINO 5538 EV trucks, enabling long-haul electric freight movement at scale by addressing the critical challenge of reliable charging for heavy-duty EVs.

Parameter:  Details

Number of Charging Hubs:    17

Coverage Area:    Western India

Target Vehicle:    Montra Electric RHINO 5538 EV trucks 

Operational Experience:    Over 18 months

Partner:    Cholamandalam Leasing Limited

Infrastructure and Operational Benefits

The network of 17 charging hubs is designed to support multi-fleet operations across logistics service providers, enabling seamless electric truck movement across key freight routes. For fleet operators, this translates to reliable long-haul charging, reduced range anxiety, and improved uptime, directly impacting revenue potential. For corporates, it creates a viable pathway to achieve Scope-3 emission reduction goals, making electric logistics scalable rather than experimental.

According to Naimish Raval, Director at Ampvolts Limited, the company is proud to enhance cooperation with transporters, logistics companies, and truck makers to “make EV charging easy.” The initiative demonstrates Ampvolts’ expertise and experience in EV infrastructure development.

Environmental Impact and Market Context

The project is expected to reduce approximately 650,000 tonnes of CO2 emissions annually, contributing significantly to India’s environmental goals. This comes at a time when heavy-duty electric trucks are projected to grow at approximately 55% CAGR through FY2030.

Environmental Impact:    Details

Annual CO2 Reduction:    Approximately 650,000 tonnes Heavy-duty EV Growth Rate:    ~55% CAGR through FY2030 Commercial Vehicle EV Market:    USD 38.6 billion by 2033 India’s commercial EV market stands at an inflection point, with government policy support through PM E-DRIVE (₹10,900 crore allocation), FAME II charging infrastructure funding, and ₹500 crore e-truck subsidies creating unprecedented market tailwinds.

Ecosystem Partners and Technology Solutions The initiative involves key ecosystem partners to ensure comprehensive support:

Montra Electric – IPLTech (Murugappa Group): Provides lifecycle support for the RHINO e-truck fleet, including maintenance, diagnostics, and continuous vehicle optimization VerdeMobility: Offers on-site upgradable chargers from 240 KW to 360-kW to meet future demand and solve interchangeability issues between legacy GB/T to CCS2 chargers Ampvolts’ approach extends beyond traditional charging infrastructure operation by providing state-of-the-art robust chargers with CMS and round-the-clock power supply, demonstrating capability to provide enabler infrastructure for true green mobility solutions.

Corporate Climate Leadership

For large corporates, reducing tailpipe carbon emissions under Scope-3 has become a priority for meeting India’s net-zero commitments and mitigating CBAM (Carbon Border Adjustment Mechanism) regulations. Transportation represents 15-25% of supply chain emissions for industrial commodity producers, making this initiative particularly significant for corporate sustainability goals.

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