Delhivery Signs MoUs With Tata Motors, Euler And Montra To Add Up To 2,000 Electric Vehicles

Delhivery is electrifying its intra-city fleet. The logistics company, founded in 2011 by Sahil Barua, Mohit Tandon, Bhavesh Manglani, Suraj Saharan and Kapil Bharati, has signed MoUs with Tata Motors, Euler Motors and Montra Electric to deploy 1,500–2,000 four-wheeler electric commercial vehicles over the next 12–18 months, as a first step toward about 5,000 within three years.

Electric vehicles make up about 12–13% of its eligible intra-city fleet today. Delhivery is targeting vehicles that run under 200 km a day, where it says EVs now compete with diesel on total cost of ownership, and it plans to invest in charging, parking and advance payments to vendors.

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