Log9, has announced a significant transformation with the rebranding of its mobility business as Amphion, a full-stack EV asset management company. The grand unveiling of Amphion took place at Day Zero 2024, Log9’s annual event.
The event was graced by the presence of Narayana Murthy, ex-CEO and Co-Founder, of Infosys, who was the Chief Guest at the event. Murthy shared insights on key ingredients of building a sustainable company on strong pillars of culture and innovation. Sonam Wangchuk, Education Reformist and Climate Activist, the Guest of Honour, spoke about the indigenisation of technology and applying first principles for problem-solving. He also applauded the performance of Log9 batteries being used at his high-altitude centre in Ladakh.
Amphion addresses critical challenges faced by the commercial electric vehicle (EV) industry, including financing, data & analytics, charging infrastructure, and energy efficiency. Its comprehensive suite of services empowers stakeholders across the EV ecosystem. From fleet operators to drivers, Amphion offers solutions that optimize asset utilization, minimize downtime, and ensure cost-effective operations for a successful transition to electric mobility.
Speaking at the occasion, Akshay Singhal, Founder & CEO, Log9 said, “Day Zero 2024, our Foundation Day’s 9th edition, was a groundbreaking milestone as we unveiled Amphion. This represents a major leap forward in addressing reliability, servicing, financing, charging infrastructure, business insight, and energy efficiency through a data-driven approach. I’m thrilled about the transformative opportunities Amphion will offer fleet operators. This Day Zero signifies the commencement of a new journey, not just for us, but for an entire ecosystem.”
Alongside the launch of Amphion, Log9 unveiled Nexmile, a revolutionary new battery specifically designed for commercial electric vehicles. Nexmile boasts a range of groundbreaking features such as 2X Longer Battery Life, 5 5-year warranty, 3X Faster Charging and a 120 Km real-world range.
Addressing the event, Kartik Hajela, Co-Founder & COO, Log9 said, “After two years of dedicated effort, we are thrilled to present Amphion in all its depth and dimension. With Amphion, we are poised to seamlessly integrate OEMs, CPOs, financiers, insurers, and recyclers into a cohesive ecosystem, driving efficiency and sustainability in the EV industry. We are confident that Amphion will pave the way for a new era of interconnectedness and progress. We aim to be the leading EV Asset Management Company not just in India but globally”
Sharing insights during the occasion, Pankaj Sharma, Co-Founder, Log9 said, “Day Zero 2024 marked a momentous occasion for Log9 as we proudly showcased the comprehensive scope of our groundbreaking work. From pioneering advancements in technology to forging various national and international partnerships. Our enthusiastic engagement with our partners further bolsters our commitment to driving positive change and shaping a better future. At Log9, we are dedicated to leading the way towards a brighter tomorrow.”
Log9’s commitment to sustainable mobility remains unwavering. With the launch of Amphion and Nexmile, the company is poised to revolutionize the EV landscape and empower a cleaner, greener future for fleet operators and drivers. With Amphion at the forefront, the company is successfully running around 2500 EV assets on road, connecting 600 charging stations, managing 100 crore worth of assets for 150+ fleets with a turnaround time of 2.7 days on servicing needs and growing at 20-30% Month-on-Month.
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