New
Delhi based tech enabled electric fleet start-up for urban mobility, MoEVing
has partnered with Hero Electric , India’s leading EV two-wheeler manufacturer
to accelerate adoption of affordable EVs across India. Both companies aim to
work together to increase adoption of EVs via new demand and also focus on
existing ICE vehicles to convert to EV.
In
the financial year 2021-22, MoEVing would deploy 1000 Hero Electric scooters
through its technology platform for B2B e-commerce players, Retail, 3PL and
FMCG companies. In the next five years, the partnership aims to convert over
100,000 2W ICE vehicles used in last mile delivery to EV.
MoEVing
is the technology platform to transform the EV ecosystem by taking an
integrated approach to demand aggregation, supply optimization, and connected
charging infrastructure. MoEVing is creating a tech platform to bring various
stakeholders like Hero Electric to accelerate the switch to EV space at the
same time empower the drivers community. Hero Electric presence across pan
India helps MoEVing deploy EVs seamlessly across the country without worrying
about the after sales service.
Vikash
Mishra, Founder & CEO of MoEVing added “Our partnership with Hero Electric
fits right into our larger mission to drive sustainable mobility along with
sustainable livelihoods for drivers. As a technology platform we look forward
to working with Hero Electric in a collaborative way to ensure there is
accelerated uptake in EV adoption in the last mile mobility segment across
India.”
Hero
Electric is India's largest electric scooter company which offers a wide range
of electric bikes with more than 600+ dealers. Being in the EV space for over a
decade, Hero Electric is a pioneer and market leader in the Indian Electric
Two-Wheeler industry. As a key OEM in the EV space, through this partnership
with MoEVing, the company aims to further drive adoption of EVs largely among
the b2b sector. Further, the MoEVing platform will provide access to data &
analytics module with Hero Electric on vehicle performance, battery performance
and other maintenance issues, on real time basis to help accelerate technology,
product, and service improvements.
Commenting
on the partnership, Sohinder Gill, CEO, Hero Electric said "Through the
last year, we have been successful in transforming the last mile delivery
solutions from ICE engines to Electric vehicles. Multiple factors have aided
this starting from the low cost of ownership to high range per charge and great
policies from the governments. We are witnessing more and more businesses
opting for cleaner solutions to reach their consumers. At Hero we strive to
provide complete solutions to a B2B customer ensuring 90% plus uptime, through
our 500 plus strong network all across India. The B2B customer is also able to
easily comprehend the direct advantage of adopting electric mobility in terms
of the savings and contributing to a cleaner environment .The partnership
MoEVing will help both the companies achieve its vision of deploying 1 million
EV by 2030."
Hero
Electric’s approach towards competitive total cost of ownership of vehicles
solves a big hurdle for EV adoption in India, accelerating MoEVing work with
B2B clients across sectors – ecommerce, pharma, grocery & food delivery
platforms, FMCG, 3PL et al. With technology paving the way, direct tie ups with
OEMs, energy & charging infrastructure providers and financing partners,
MoEVing offers a full stack of services, fit for middle and last mile mobility
requirements of customers across industries. Both companies see massive
opportunities in transforming fast-expanding numbers of delivery vehicles in
the country to electric.