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Ampvolts Limited has deployed a fleet of 10 Montra Electric RHINO e-trucks on the Pipavav-Sutrapada limestone corridor for GHCL Limited, marking its evolution from a Charge Point Operator to an integrated Green Mobility Solutions Provider. The company now offers end-to-end fleet solutions alongside its existing charging infrastructure, supported by four fully operational e-truck hubs. The deployment is expected to reduce approximately 11,000-12,000 tonnes of CO2-equivalent emissions annually for GHCL. The company has also expressed plans to develop a 500-e-truck ecosystem within the next 2-3 years.
This strategic move positions Ampvolts to capture a larger share of the commercial EV logistics market, which is projected to grow at 55% CAGR through FY2030. For shareholders, the forward integration into fleet operations could open new revenue streams beyond charging infrastructure, though near-term financial impact remains to be seen as no contract value was disclosed.