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50 Most Admired Companies to Watch 2024

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3ev Industries – Building Stronger Hyper-Local Communities through State-of-the-Art Micro-Mobility Solutions

The buzz around the hyper-local marketplace model, also known as the on-demand near-me delivery model, highlights its growing importance and appeal. This model is gaining traction due to its ability to deliver both convenience and efficiency to buyers and sellers alike. With products reaching customers in a much shorter time frame compared to traditional delivery methods, it’s no wonder that the popularity of hyper-local marketplaces is on the rise.

The key advantage of this model is its rapid delivery. Products are delivered quickly, often within a few hours, which greatly enhance customer satisfaction. This immediacy is particularly appealing in today’s fast-paced world where consumers increasingly expect prompt service. The hyper-local model provides a significant opportunity for small business owners. It allows them to compete effectively by reaching local customers more efficiently and economically. This model perfectly illustrates how technological advancements can merge with traditional shopping practices to create a winning formula. It brings a modern twist to age-old shopping habits, offering a blend of speed and convenience that resonates with today's consumers.

3ev Industries stands out in this hyper-local space by offering comprehensive micro-mobility solutions tailored to the unique needs of each local community. The company delivers a full range of services, from passenger transport and small-parcel deliveries to freight solutions. Their approach is deeply rooted in enhancing local ecosystems. They work to integrate their services into the fabric of each community they serve, ensuring they contribute positively to local development. Their strategy revolves around creating a network of community-focused service clusters. By leveraging their proprietary electric vehicles and a robust IT platform, 3ev Industries aims to provide efficient and scalable solutions. This setup enables them to offer seamless service that meets the demands of local consumers and businesses.

At its core, 3ev Industries is committed to being a reliable service provider at the hyper-local level. Their focus is on delivering products swiftly from nearby stores, ensuring that customers receive their purchases quickly and conveniently. This approach not only benefits consumers by providing fast delivery but also supports local businesses by connecting them with their immediate customer base. By concentrating on local deliveries within a few kilometers, 3ev Industries ensures that their service is both relevant and effective, enhancing the overall shopping experience in their target areas.

Manufacturing Capabilities

3ev Industries factory is an electric vehicle manufacturing facility commissioned at Doddaballapur, Bangalore (dist.) in the year 2020. The plant currently manufactures various models for both passenger and cargo auto rickshaws. A full-fledged R&D facility and teams are attached to this unit for all product developments. Completely dedicated assembly lines, machinery, other material handling and process equipment's and an in-house paint shop are available for the manufacturing. In-house battery manufacturing and assembling units for LFP batteries are available to ensure the products are meeting the stipulated qualities desired to meet the vehicle performance. The group company RUGGEDSOLAR® designs, develops, and manufactures high-value solar products and systems. They maintain full design & engineering capabilities, including electronics PCBA manufacturing, complete OEM products, and full box making and custom-designed solutions for customers around the world.

Leadership | 3ev Industries

CG Krishna Bhupathi is a Chairman of 3ev Industries. He is renowned in sports, entertainment, and business through his support and involvement with his son, Mahesh Bhupathi, an international celebrity known as India’s first man to win a Grand Slam tennis tournament, and then to achieve the number one ranking worldwide.

Mr. Bhupathi is closely associated with raising the expectations and performance of individuals and organizations to the highest international standards, and he has actively developed globally competitive entities in sports, business, and early childhood education. He began his career in banking more than forty-five years ago at Standard Chartered Bank in India, later working in Oman and Dubai, UAE. Bhupathi has founded several businesses in the sports, entertainment, real estate, education, and renewable energy industries. He is the co-founder of Rugged Solar Products Pvt Ltd serves as Chairman of the Board of 3ev Industries.

Mr. Bhupathi brings his extensive commercial contacts within India to benefit the business development efforts of the company. Mr. Bhupathi has established multiple private-companies from the start-up phase and serves as an advisor to the Management team at 3ev.

Peter Hartmut Voelkner is a co-founder of 3ev Industries. He is responsible for the business operations, strategy, and IT development for this group of companies. Over his career Peter performed in-depth due-diligence on numerous companies and directed significant investments in more than 50 companies. His responsibilities included oversight of funds in excess of USD $2 billion and direct management of discretionary portfolios valued over USD $200 million. He has founded several companies in the renewable energy and power technology space.

Peter received an MBA, with distinction, from Columbia Business School at Columbia University, NY, and he graduated with a BA in Economics and Chinese Studies from Bennington College, VT.

"Our focus is on each local ecosystem that we work in, and we strive to provide the highest quality connections to all members in order to build-up and enhance our communities."

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