Zomato commits to 100% electric vehicles adoption by 2030

Indian restaurant aggregator and food delivery giant Zomato has announced that it is committing to 100% electric vehicle (EV) adoption by 2030.

"We are joining the Climate Group's global electric mobility initiative, EV100 and committing to 100% adoption of electric vehicles (EV) by 2030," said Deepinder Goyal, Founder and CEO of Zomato in a company blog.

EV100 is a global initiative by The Climate Group, bringing together companies committed to switching their fleets to electric vehicles and installing charging infrastructure for employees and customers by 2030.

Zomato is currently using EVs in cities such as Delhi, Bengaluru, and Mumbai for orders placed through its app. However, EV adoption is very low at present given the barriers such as limited battery range, lack of charging infrastructure, high upfront cost, and lack of trust in new technology. Zomato is hopeful that given the rapid innovation in the EV industry and support by the government, the transition to EVs in the two-wheeler segment will be much faster.

"The current EV fleet is a small fraction of the active fleet of delivery partners, and we understand that getting to 100% adoption of EVs will not be easy, but is essential in the long run," Goyal said.

Goyal noted, Zomato is already active with EV companies, battery manufacturers, and the government to aid the transition to e-mobility. The company is working with a few EV players to design pilots and create business models that could facilitate a faster transition towards a viable mobility solution for deliveries.

"We want to be accountable for the impact we create and contribute to finding solutions for the world's most important environmental challenges, that are a by-product of our own progress," Goyal said.