Log9, a prominent Indian company known for its innovative battery cell technology and EV Mobility Ecosystem products, has rebranded its mobility division as Amphion, a comprehensive EV asset management company. The name change was revealed at Log9’s Day Zero 2024 event, signalling a major shift in the electric vehicle (EV) landscape.
Amphion aims to tackle pressing issues in the commercial EV sector, such as financing, data analytics, charging infrastructure, and energy efficiency. The event featured notable speakers like Narayana Murthy, former CEO and Co-Founder of Infosys, and Sonam Wangchuk, an education reformer and climate activist. Murthy focused on the necessity of building sustainable enterprises grounded in culture and innovation, while Wangchuk praised the localization of technology and the use of first principles for problem-solving.
Both dignitaries praised Log9’s initiatives, with Wangchuk commending the performance of Log9 batteries in Ladakh. Dr Akshay Singhal, Founder & CEO of Log9, expressed enthusiasm for the new opportunities Amphion will provide fleet operators, emphasizing a data-centric approach to enhance reliability, servicing, financing, and energy management.
The event also marked the launch of Nexmile, a battery pack designed specifically for commercial EVs. Nexmile is notable for its extended battery life, tripled charging speed, 120 km real-world range, and a five-year factory warranty.
Kartik Hajela, Co-Founder & COO of Log9, discussed Amphion’s role in unifying various stakeholders within a sustainable and efficient EV ecosystem, aiming to establish Amphion as a global leader in EV asset management. Pankaj Sharma, another Co-Founder of Log9, reiterated the company’s commitment to sustainable mobility and its leadership in technology innovation and strategic partnerships.
Looking ahead, Log9 is poised to transform the EV industry with Amphion and Nexmile, aiming to foster a cleaner, greener future for fleet operators and drivers. Currently, Log9 manages approximately 2,500 EV assets, connects 600 charging stations, and oversees assets valued at 100 crores for over 150 fleets, with a rapid servicing turnaround time of 2.7 days and a monthly growth rate of 20-30%.
