Udayavni Special

Welectric partners with MoEVing to accelerate adoption of electric vehicles


PTI, May 4, 2021, 9:01 AM IST

New Delhi: Electric two-wheeler mobility start-up Welectric on Monday said it has partnered with MoEVing, another start-up working in the electrification of the logistics sector, to accelerate the adoption of electric vehicles in last-mile delivery operations.

Under the partnership, Welectric will provide 1,000 electric two-wheelers (e2Ws) on lease with after-sales and maintenance support to MoEVing.

To kick off the partnership, Welectric is delivering 60 e2Ws to MoEVing in Bengaluru. Both companies plan to scale up this partnership to over 1,000 e2Ws across major cities in India in the next few quarters, the two companies said in a statement.

Commenting on the partnership, Welectric founder and CEO Vikas Jain said, ”this partnership will allow MoEVing to grow their business in an asset-light model without worrying about maintenance or aftermarket of their electric 2Ws.”

Welectric’s fast-growing B2B business is helping it forge strong industry partnerships and build expertise around performance and maintenance of e2Ws of different brands, he added.

MoEVing founder & CEO Vikash Mishra said, ”we will hit the 1,000 EV target very soon and hope to sign up for the next 10,000 EVs with Welectric. This asset-light approach helps us scale up the electric mobility transition in the last mile delivery space across the country.”

While Welectric focuses on solving finance, maintenance and aftermarket challenges for e2Ws, MoEVing is building a technology platform to accelerate the electrification of the entire logistics space (2W, 3W and 4Ws) through an integrated approach of demand aggregation, supply optimisation, and connected charging infrastructure, the statement said.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Kejriwal announces Rs 50,000 ex gratia to families who lost member to Covid

Kerala to get its first woman journalist-turned-politician as minister

Everyone should get opportunity, says Shailaja after being excluded from Kerala Cabinet

‘COVID protocol violation’: Ex-Union minister files plaint against CM Vijayan

Swamy’s plea in National Herald case misconceived: Gandhis to HC

Bantwal: 24-year-old accident victim dies after battling for life for 2 months

Toolkit case: HC pulls up Centre for not filing response



Related Articles More

KTM extends service, warranty periods of all bike models till July 31

MoEVing partners Hero Electric to accelerate affordable EV adoption

HMSI extends warranty, free service till July 31

EV startup Simple Energy to launch flagship e-scooter on Aug 15

Hyundai extends free service, warranty period amid COVID-19 second wave

MUST WATCH

Sandeep Lobo Puttur | Success story of Jasmine Farming

Heavy rain makes tree fall at a hair’s distance from woman

An AutoDriver’s Service To Mankind

India gets a wildcard from Corona

Youths Perform ‘Nagin Dance’ As Punishment For Violating Lockdown in Rajasthan,

Latest Additions

Kejriwal announces Rs 50,000 ex gratia to families who lost member to Covid

Kerala to get its first woman journalist-turned-politician as minister

Everyone should get opportunity, says Shailaja after being excluded from Kerala Cabinet

‘COVID protocol violation’: Ex-Union minister files plaint against CM Vijayan

Swamy’s plea in National Herald case misconceived: Gandhis to HC

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.