Celsius Logistics, a tech-driven third-party logistics (3PL) provider specializing in cold supply chain solutions, has entered into a memorandum of understanding (MoU) with Switch Mobility, the electric vehicle division of Ashok Leyland. The agreement outlines the large-scale deployment of 350 Electric Light Commercial Vehicle (ELCV) refrigerated trucks – marking the first significant rollout of ELCV-based reefer vehicles in India.
Backed by an initial investment of ₹100 crore (₹1 billion), the partnership aims to not only procure the vehicles but also set up the necessary infrastructure including charging stations, dedicated parking areas and driver training programmes.
The 2.39-ton electric reefer trucks developed by Switch Mobility are engineered to transport temperature-sensitive products such as dairy, pharmaceuticals, fresh produce, seafood and frozen goods. Each truck can maintain an internal temperature of -25°C to +25°C, supporting a wide range of cold chain logistics requirements in different regions.
Celsius Logistics has already deployed 100 electric refrigerated trucks and aims to launch the remaining 250 by the end of FY2026 as part of its partnership with Switch Mobility. Commenting on the development, Swaroop Bose, Founder and CEO, Celsius Logistics, said, “We are shifting cold-chain operations from traditional diesel systems to electric and digital platforms. This represents the largest deployment of EV reefer trucks in India and will accelerate the electrification of cold-chain logistics across the country.”
The newly launched Celsius Green division is set to commence operations in New Delhi with planned expansion in Mumbai, Bengaluru and Hyderabad. The fleet is equipped with advanced features like smart sensors for precise temperature control, GPS-based live tracking and real-time humidity and temperature monitoring with instant alerts.
Celsius aims to achieve ₹50 crore (₹500 million) in annual recurring revenue (ARR) in its first year of EV operations, with a target of five-fold growth to ₹250 crore (₹2.5 billion) ARR within five years. To support this growth, the company plans to invest an additional ₹100-₹150 crore in expanding its electric reefer fleet and building EV-ready cold storage hubs and charging infrastructure along key logistics corridors.