Online food delivery platform Swiggy has entered a strategic partnership with two-wheeler major TVS Motor Company to add more electric vehicles to its delivery fleet.
The company’s MoU with Swiggy was in line with its commitment to expanding the presence of TVS iQube Electric in all major cities by the end of the financial year.
About Deal
As a part of the MoU, TVS Motor and Swiggy will test the implementation of TVS Motor’s EV for food delivery and other on-demand services.
The two companies are exploring the co-creation of sustainable and comprehensive solutions for Swiggy’s delivery partners.
This will include working on customised packages like a need-specific product, flexible financing options and connected services.
Notably, the pilot will play a vital role in the adoption of EVs in food delivery and on-demand delivery services.
Comment from Swiggy
Mihir Rajesh Shah, vice president (Operations) :
“Swiggy has been pioneering the need for greater EV adoption, with a commitment to make deliveries spanning 8,00,000 kilometres per day through EVs by 2025. We believe they offer a sustainable solution in green mobility while also empowering our delivery partners to earn more.
This pilot with TVS will help us better understand the needs of the delivery fleet and the steps we can take to make our operations more greener and sustainable.”
Comment from TVS Motor
Manu Saxena, senior vice-president – future mobility:
“Our collaboration with Swiggy is a key step towards strengthening the electrification of mobility in food delivery and last-mile delivery services, furthering the easy adoption of EVs amongst customers.
This also marks our foray into showcasing our commitment in the electric commercial mobility segment. We look forward to our alliance with Swiggy, who are the leaders in the Indian food and on-demand delivery market and are leading the way in creating a wide and sustainable e-mobility ecosystem in the country.”
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