BikeWo, Hala Mobility sign MoU to deploy 1,000 EVs

BikeWo Green Tech has signed an MoU with Hyderabad-based Hala Mobility to explore EV fleet deployment and management. The companies plan an initial deployment of around 1,000 vehicles, with an ambition to scale the fleet to 10,000 vehicles over three years.

Hyderabad: BikeWo Green Tech Limited has signed an MoU with Hyderabad-based Hala Mobility to explore the deployment and management of electric vehicle (EV) fleets, with a proposed Phase I deployment of approximately 1,000 electric vehicles and a strategic intent to scale the deployment to approximately 10,000 vehicles over the next three years.

The collaboration brings together BikeWo’s growing capabilities across electric mobility and fleet operations with Hala Mobility’s participation in the mobility ecosystem. The proposed initial deployment is intended to provide a foundation for developing a scalable EV fleet operating model, with the companies evaluating further expansion based on operational performance, commercial viability and market requirements.

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Under the first phase, the companies will work towards establishing the framework for EV deployment, fleet utilisation, vehicle management and related operational requirements.

Hiten Pal Saklani, Chief Executive Officer of BikeWo Green Tech Limited, said, “Electric fleet adoption is increasingly moving towards models that require not only vehicles, but also strong capabilities in deployment, utilisation, maintenance, technology and fleet management.”