New Delhi based tech enabled electric fleet start-up for urban mobility, MoEVing - has partnered with Hero Electric to accelerate adoption of affordable EVs across India. Both companies aim to work together to increase the 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.”
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."