“The future impact of our today’s investment matters to us in Volt.”
Shadab Shaikh
(MD & CEO, Volt Mobility)
With a mission to mobilize clean-energy transition in corporate transportation, Volt is contributing to rebuilding a greener planet. Volt has positioned itself as a frontrunner in eco-conscious transportation solutions by servicing 50% of its duties through EVs & Hybrids. The ‘Volt Mobility India App’ (available on Android & iOS stores) is a full stack, contemporary & customised ‘book2bill’ app for all corporate customers. It enables Google-map-based accurate invoicing & real-time tracking of vehicles. It is fungible to integrate with ERP & Expense management systems of organisations.
Volt Mobility is led by a team of industry veterans, with over 70 years of combined experience. Gokul Kaushik – Founder, Investor & Mentor of the car rental firm, has 27 years of corporate experience (of which 21 years were with a large diversified conglomerate – ITC Ltd).
Shadab Shaikh, the MD & CEO, has a rich experience of over 20 years in P&L Management & Operations Leadership within the Mobility and Corporate Car Rental ecosystem. He previously held a leadership role at Avis in West India and managed Pan-India operations for ITC’s International Travel House Ltd. Rounding out the trio is Manoj Kumar who serves as Executive Vice President-Finance & CCRM. He brings 14 years of experience excelling in Customer Processes and Business Analytics.
Commitment To Environmental Sustainability
“Electrification of Transportation is a Marathon – not a 100 mtr dash,” adds Shadab.
In a short period of last 14 months, since he took over, Volt has gained traction & scale to service 50%+ of its current volume via Clean-Energy modes. This allows large MNCs to meet their Carbon Credit goals under their ESG program.
“Volt positions itself on the ‘environment’ axis by addressing the pressing need for sustainable transportation and empowering clients to contribute to a greener future,” says Shadab. For its contribution to society, the company was recognized as the ‘Emerging MSME in Clean Energy Transition,’ at the Govt-Industry Conference 2023. It is also certified by GOI under the ‘Start-up India’ scheme.
Volt provides its services to leading MNCs across India. Its esteemed clientele includes PWC, CRISIL, ICICI, ABG, Cipla, Fedbank, Hitachi, Barclays and other prominent organizations. Volt promises to enable 100 per cent airport transfers through EVs.
Seizing Opportunities in the EV Industry
Shadab states, “India has pledged 30% of all new vehicle sales by 2030 to be electric vehicles (EVs) in COP 26-28. Volt is aggressive to surpass the milestone by FY25 itself. The company is committed to accelerating sustainable development.”
Volt is built on the premise of Profit with Purpose. Volt’s byline – ‘Responsible Drive’ emphasises its accountability towards the planet. Looking ahead, Volt aims to significantly scale its operations, targeting a run rate of approximately 15,000 EV duties per month in FY 2025-26, equivalent to roughly 13 lakh EV kilometres per month.
“Volt certainly believes that Purpose & Profits can be Friends,” summarizes Shadab.
