HomeFM Logistic to Deploy Electric Vehicles (EVs) in Bengaluru for WayCool Foods

FM Logistic to Deploy Electric Vehicles (EVs) in Bengaluru for WayCool Foods

FM Logistic India on Monday said it will deploy electric three-wheelers for intra-city deliveries in Bengaluru for agri-commerce company, WayCool Foods.

The Pune-based third-party logistics (3PL) services provider will be helping WayCool to carry out hyper-local deliveries to local kirana stores, supermarkets as well as end consumers in Bengaluru, it said in a release. WayCool is a leading player in FMCG and food segments.

FM Logistic is also looking to deploy at least 50 EVs(electric vehicles) in its operations and expand geographical areas under its green distribution network by the year-end, according to the release. FM Logistic said, “sustainability is at the heart of our operations. When WayCool approached us to help them to develop a green network, we were excited to be able to provide them with a green distribution offer to help fulfill their delivery commitments within city limits.”

“We are committed to reducing the impact of our business activities on the environment. We are focused on helping our customers to develop and maintain a sustainable supply chain,” said Alexander Amine Soufiani, Managing Director – FM Logistic India. The newly-launched EVs are part of FM’s initial pilot to check for their effectiveness to carry out urban and hyper-local deliveries, the company said, adding these vehicles will be used to carry out intra-city deliveries for their customers in the FMCG, food, pharma, and retail segments. “Our partnership with FM Logistic is another step towards advancing fleet electrification. To start, we will have EVs constituting 5 percent of our total fleet and will continue to increase it,” Amrit Bajpai, COO, WayCool Foods, said.

WayCool is committed to sustainable actions and innovations to drive efficiency across the agri-commerce value chain, he added.

A key 3PL player in the domestic market, FM Logistic has a presence over 90 locations and manages over six million sq. ft. of warehousing space, providing warehousing and distribution logistics services for the FMCG, retail, automotive, e-commerce, engineering, telecom, and pharma segments, among others

ELE Times News
ELE Times Newshttps://www.eletimes.ai/
ELE Times provides extensive global coverage of Electronics, Technology, and the Market. In addition to providing in-depth articles, ELE Times attracts the industry’s largest, qualified, and highly engaged audiences, who appreciate our timely, relevant content and popular formats. ELE Times helps you build experience, drive traffic, communicate your contributions to the right audience, generate leads, and market your products favorably.

Related News

Must Read

Billion Electric, JK Cement Partner to Deploy 150 Heavy-Duty Electric Trucks for Green Freight

Billion Electric Mobility (BillionE) has partnered with JK Cement...

StraitsMicro to Unveil India’s Sovereign Surveillance SoC in Exclusive Pre-Silicon Demonstration

StraitsMicro, a Singapore-based deep-tech semiconductor product development and solutions...

Keysight Addresses Cross-Domain Physics Issues That Leave Electronic Designs Vulnerable to Late-Stage Failure

Keysight Technologies today announced Keysight Multiphysics, a design and...

India Develops Indigenous Expendable Turbojet Engine for Future Missile System

In a breakthrough that will power the nation's aspirations...

STMicroelectronics Reports 26% Rise in Revenue, Bets Big on AI Data-centre Markets

According to STMicroelectronics, net revenues for the second quarter...