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BusinessSwiggy to cover 8 lakh kms every day through EVs by 2025

Swiggy to cover 8 lakh kms every day through EVs by 2025

Published: 5th Aug 2021 9:10 pm

Hyderabad: Swiggy has commenced trials to increase the deployment of EVs in its delivery fleet across Hyderabad, Bengaluru and New Delhi. The company aims to cover deliveries spanning eight lakh kilometres everyday through EVs by 2025.

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Swiggy has signed an agreement with Reliance BP Mobility Limited (RBML) to build an EV ecosystem and battery-swapping stations for its delivery partners across the country.

Additionally, the company has partnered with Hero Lectro, an e-cycle manufacturer and Fast Despatch Logistics, a last mile delivery player in the UK to enable end-to-end delivery of Swiggy orders through cargo e-cycles. The pilot, which has been rolled out in Hyderabad, will expand to other metros in the coming months.

Making deliveries through EVs is expected to lower the running cost of vehicles by up to 40 per cent, leading to higher earnings for Swiggy’s delivery partners. Over the last two years, Swiggy explored various models to determine what would make EV adoption easier and more profitable for its delivery partners.

Commenting on the initiative, Amitabh Kant, CEO of Niti Aayog, said, “The Indian industry must continue to work towards driving the adoption of EVs as a part of the nation’s overall efforts to transition to sustainable and environment-friendly mobility. Swiggy’s commitment in this direction is a welcomed development. I urge other industry players to factor EVs in their business and operating models for a sustainable future.”

Swiggy CEO Sriharsha Majety, said, “Swiggy’s fleet delivers millions of orders each month with our partners traveling an average of 80-100 kms daily. As we continue to work towards providing our consumers with greater convenience, we are also mindful of the environmental impact of our operations and are taking the necessary steps to make our journey more sustainable. Transitioning to EVs is an important step in this direction. It will have a positive impact not only on the environment but also empower our delivery partners to earn more.”

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