Hero Electric To Deploy 1,000 Electric Scooters To EVIFY In Next Two Years

Hero Electric on Monday said it has joined hands with EVIFY, a tech-enabled electric vehicle-based logistics company.

As per the partnership, Hero Electric will deploy 1,000 electric scooters to EVIFY in the next two years.

The first 50 units are already in production and will be delivered by next month, Hero Electric said in a statement.

Additionally, the company will be delivering 500 EVs to be deployed by EVIFY in multiple tier-2/3 3 cities by the year end, it added.

"B2B partnerships will enable the EV industry to exchange and utilize partner expertise and strengths to work toward the Zero-Emission vision. Fostering this vision, we have partnered with EVIFY to support their vision of electrifying the last mile delivery segment," Hero Electric CEO Sohinder Gill stated.

The company will leverage its resources and support more such partners, he added.

"We see massive potential in the ongoing EV revolution becoming a major factor in enabling the transformation of logistics solutions. This partnership will help us reimagine the EV logistics landscape in India," EVIFY CEO Devrishi Arora said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor