Magenta Mobility to add 10,000 EVs over next fiscal; to expand to new cities

Magenta Mobility is set to expand its electric vehicle fleet by 10,000 three- and four-wheelers in the next financial year. The company is broadening its reach to new cities and focusing on four-wheeler cargo vehicles for intercity and interstate logistics. Successful trials demonstrate the viability of EVs for longer routes, exceeding traditional range limitations.