Eveez, the pioneers in electric mobility as a service (eMaaS) in India, has witnessed an exemplary growth of 5X this year, increasing its fleet from 700 eBikes to 3500+ eBikes and adding Bengaluru to its operations. Going forward, EVeez aims to maintain its growth momentum and is projecting to grow 5X in the coming FY 2024 as well. The company also has plans to expand to newer cities like Chennai, Chandigarh, Ahmedabad, and Pune.
EVeez has forged several strategic partnerships within the EV ecosystem, including Battery Smart, Kinetic Green, Lectrix, Amo Mobility, Sun Mobility, and Hero Electric, to name a few. They are also deepening their partnership with Kinetic Green for fleet expansion and with Battery Smart for charging/swapping infrastructure. EVeez has also enhanced their customer experience through incorporating further elements into their tech stack - including the use of OpenAI.
The startup has very recently collaborated with Ev2 Ventures, a smart, sustainable mobility-focused venture capital fund, and HSBC India to host a networking initiative on electric mobility - ‘Electric Mobility Mixer’. The event brought together industry leaders, startup founders, key stakeholders, and senior members from the venture capitalist and EV communities to discuss the relevance and future role of electric mobility in the country.
Speaking about the growth, Gaurav Rathore, CEO & Founder, EVeez, stated that, "the EV business has shown immense growth in the past few years. Being the first of its kind in this industry, we had to keep up our growth despite headwinds such as regulatory challenges and supply chain issues. We nurture the EV category like a tender sapling, and today we are really glad to talk about the 5X Y-o-Y growth that we achieved. Achieving a historic high growth rate under such extraneous factors was no mean task and is a solid example of the grit and determination of team EVeez. Our special thanks to our customers, strategic partners, and our EV network to make this happen."
Abhishek Dwivedi, COO & Founder, EVeez further added, "EVeez has 2000+ individual and gig riders aboard and works with over 150 small businesses and about 15+ logistics companies and fleet operators. We started with 700 eBikes and today we have 3500+ eBikes on the road. Currently, we have our footprints in cities like Delhi NCR, Hyderabad, Bangalore, and Kolkata, but we are expanding our wings to Chandigarh, Chennai, Pune, Mumbai, and Ahmedabad with 20,000+ e-bikes by the end of FY 2024. We will continue to focus on nurturing the gig rider ecosystem by enabling them to join the workforce with freedom and flexibility; without the need for any intermediaries.”