Alt Mobility is a company that offers reliable and cost-effective solutions for commercial fleet operators to go electric. Their full-stack leasing solution, FleetLease, covers everything from the vehicle cost to servicing and roadside assistance. They provide access to the latest technologies, including India’s fastest-charging electric three-wheelers, and upgrade the existing fleet with the latest battery technology. Alt Mobility offers FleetDepots, shared infrastructure for fleet partners, enabling high utilization of fleets with fast charging, reducing operating costs, and increasing income. The EV push in India presents significant business prospects and employment opportunities in the transportation, infrastructure, and energy sectors. The electric vehicle sector is viewed as a green industry, attracting people who want to work in environmentally friendly jobs. As the industry expands, there will be new job opportunities in areas such as charging infrastructure, battery recycling, and renewable energy. The EV industry is anticipated to keep expanding, and there will be a significant need for skilled employees in this field in the years to come.
Alt Mobility works with a carefully curated group of OEM partners and dealerships to ensure that they provide their customers with access to the latest electric vehicle (EV) models and technology. They assess over 100+ parameters, including cell quality, safety, pack, and drivetrain, to make sure that the vehicles meet their standards for total cost of ownership and lifespan. Alt Mobility’s FleetOS platform continually monitors and underwrites vehicle performance to drive investment decisions.
Alt Mobility currently works with eight electric two-wheeler and three-wheeler manufacturers and is continually expanding its OEM base. Fleet partners can compare curated vehicles based on factors such as payload or volumetric capacity, range, fast charging capabilities, safety and certifications, pricing, service costs, warranty terms, and other features. Alt Mobility’s FleetLease offering is a full-stack leasing solution covering the complete vehicle cost, road tax, insurance, and servicing, with no downpayment and a small security deposit.
Alt Mobility provides flexibility to fleet partners with the option to own the vehicle, extend the lease or return the vehicle at the end of the lease tenure, which is typically between three to five years, the longest in the industry. Alt Mobility manages the vehicle refurbishment, provides zero capex cost battery pack upgrades to prolong asset life and performance.
Alt Mobility’s full-stack leasing solution, FleetLease, is designed to be the most capex-light, comprehensive, flexible, and reliable way for commercial fleet operators to go electric. Their leases are selectively curated by Alt Mobility through a 100+ point technical due diligence process. Alt Mobility’s FleetOS platform collects data from their smart connected fleet to provide predictive maintenance, improve vehicle life, and uptime.
Overall, Alt Mobility’s tailored EV leasing plans empower businesses to go green with flexibility, reliability, and cost-effectiveness, making them a unique provider in the market.
Alt Mobility is a company that encourages innovation, reliability, and safety by underwriting and benchmarking new technologies based on evaluating electrochemical chemistries and statistical data derived from their operational fleet of thousands of vehicles. They recently deployed India’s fastest-charging electric three-wheelers, providing a full charge in under 15 minutes, making them one of the first partners to take a bet on new technology. They upgrade the existing fleet with the latest battery technology, again with a capex light model, offering their fleet partners access to the latest technologies today and in the second life.
Alt Mobility offers a full-stack FleetLease that covers the cost of a brand-new vehicle, road tax, registrations, comprehensive insurance and servicing, and roadside assistance. They have developed unique insurance products in collaboration with insurers and servicing plans with OEMs that add more predictability to the bottom line of fleet partners, protecting against uncertain and often expensive breakdown costs. They will soon be launching FleetDepots, shared infrastructure for their fleet partners where vehicles can be parked, serviced, and fast-charged. By aggregating demand from fleet partners, they position their FleetDepots in strategic locations to maximize the utilization of shared infrastructure, resulting in reduced operating costs and higher income for their partners.
The Indian electric vehicle market is expected to be worth USD 2 billion by 2023 and USD 7.09 billion by 2025, and the EV industry is projected to expand at a CAGR of 49% between 2022 and 2030 (Invest India 2022). Currently, the automotive sector employs 37 million people, and the EV industry could add 10 million direct jobs by 2030, creating 50 million indirect jobs in the sector. The EV push in India presents business prospects in the transportation, infrastructure, and energy industries. Top EV players have hired 2,236 people during the last six months, and the electric vehicle sector is growing rapidly, with a significant demand for skilled professionals in this industry.
Overall, Alt Mobility is an innovative company that provides reliable and cost-effective solutions for commercial fleet operators to go electric. Their full-stack leasing solution, FleetLease, covers everything from the vehicle cost to servicing and roadside assistance, providing fleet partners with flexibility and predictability to protect against costly breakdowns. The launch of FleetDepots, shared infrastructure for fleet partners, enables high utilization of the fleets with fast charging, reducing operating costs and increasing income. The EV push in India presents significant business prospects and employment opportunities in the transportation, infrastructure, and energy sectors.
The electric vehicle sector is a growing industry that requires professionals with specialized skills in battery technology, electric powertrain design, and software development for EVs. The industry is viewed as a green industry, attracting people who want to work in environmentally friendly jobs. The number of jobs related to EVs has increased, including engineers, technicians, sales and marketing professionals, and supply chain and logistics personnel. As the industry expands, there will be new job opportunities in areas such as charging infrastructure, battery recycling, and renewable energy. Overall, the EV industry is anticipated to keep expanding, and there will be a significant need for skilled employees in this field in the years to come.
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