Kolkata, 19th June 2024: Epsilon Group, a global leader in carbon-based products and advanced battery materials, has joined hands with Motovolt Mobility Pvt Ltd, an eminent e-mobility brand, to promote sustainable transportation for its workforce in Vijayanagar, Bellary, Karnataka.
Sustainable Mobility Initiative
In a bid to foster a sustainable mobility ecosystem, Epsilon Group will offer Motovolt’s electric bikes at subsidized rates to over 600 employees and their families. This initiative spans across Epsilon’s township, providing an eco-friendly commuting option from senior leadership to the workforce. The primary goal is to reduce emissions from conventional transport, aligning with Epsilon’s commitment to sustainability.
Environmental Impact
Epsilon Group’s partnership with Motovolt is expected to offset approximately 945 metric tons of carbon emissions over the next five years. By incentivizing employees to purchase e-bikes for commuting, the initiative aims to cut down on overall fuel consumption and support a greener environment.
Corporate Commitment
Pratish Koparkar, CHRO of Epsilon Group, emphasized the significance of this initiative, stating, “Our association with Motovolt Mobility marks a significant move towards ensuring sustainable mobility for our employees. Sustainability is one of the key priorities at Epsilon Group. We are committed to supporting the Government of India’s mission to achieve Net Zero emission by 2070 with initiatives like these and many more.”
Motovolt’s Perspective
Siddhartha Mookherji, Head of Growth & Strategy at Motovolt Mobility, expressed enthusiasm about the partnership, saying, “Motovolt Mobility is delighted to partner with Epsilon Group, a leader in sustainable practices, to provide electric mobility solutions aimed at enhancing the lives of their workforce. This collaboration underscores our shared commitment to advancing sustainable transportation and driving positive environmental impact in India’s evolving EV market.”
Recognition and Future Outlook
Epsilon Carbon received a Silver Rating from EcoVadis in 2023, placing it among the top 25% of all rated companies and the top 5% within the non-metallic minerals industry. This acknowledgment highlights Epsilon’s unwavering commitment to sustainability.
Motovolt remains focused on creating smart e-mobility solutions that positively impact communities and contribute to a sustainable future. The company prioritizes its people, the planet, and product segments, ensuring fairness and integrity in every action.
About Epsilon Group
Established in 2010, Epsilon Group is a prominent industrial conglomerate in the carbon black and battery materials industry, dedicated to decarbonizing economies and supporting cleaner technologies. Through its subsidiaries, Epsilon Carbon and Epsilon Advanced Materials, the group has made significant strides in sustainability and innovation. Epsilon Carbon operates India’s first fully integrated carbon facility, while Epsilon Advanced Materials focuses on high-performance battery materials, pioneering graphite anode material production.
Motovolt’s Commitment
Motovolt is dedicated to advancing e-mobility with smart solutions that foster sustainable development. The company continues to innovate and contribute to a cleaner, greener future, solidifying its role in the evolution of India’s EV market.
By integrating sustainable mobility solutions, Epsilon Group and Motovolt are setting a benchmark for corporate responsibility and environmental stewardship. This partnership exemplifies how industrial leaders can collaborate to drive positive change and support a sustainable future for all.
