India's largest E2W company Hero Electric has announced its partnership with Spoctech Green Ventures Pvt Ltd to introduce last-mile delivery solutions in Chennai. The OEM has agreed to deploy a fleet of over 5,000 electric vehicles in Chennai over the next 2 years, and work collectively with Spoctech and Parveen Travels Pvt Ltd towards their shared vision of electrification of the last-mile delivery segment.
Spoctech is a next-generation platform connecting clean technology with Fin-tech solutions. In partnership with Parveen Travels Pvt Limited, Spoctech launched e-mobility services in Chennai through its EV Aggregator Platform ZeMP (Zero Emission Mobility Platform).
ZeMP provides customized solutions to supply chain companies, merchants, operators, and riders to adopt electric vehicles. It offers electric vehicles on subscription, lease to own and swappable models. The offering fits different users with their respective requirements enabling the adoption of EV.
Commenting on the partnership Sohinder Gill, CEO, Hero Electric said, "India is rapidly scaling infrastructure to promote EVs as the new age mobility port aligned with its pledge to reduce 40 percent of its fossil fuel consumption by 2030. In a growing economy, electrification of urban freight transport becomes increasingly important to suit diverse demands cost-effectively. This partnership is another step in advancing our vision of achieving net zero emissions by 2030 and generating further employment opportunities in the overall sector and country."
The transition to electric mobility has emerged as one of the most promising strategies to decarbonize the global e-commerce and logistics sector. To address the rising demand by e-commerce marketplaces for pollution-free last-mile delivery solutions, this partnership will empower Hero to build an end-to-end holistic infrastructure for EVs in this segment.
Vikash Sharda and Hitesh Hiran, Co-founder and Directors, Spoctech Green Ventures, said, "The idea behind introducing ZeMP is mainly the deeply rooted passion for greener transport and technology. By creating an ecosystem controlled by ZeMP, we will ensure ownership of EVs to the drivers and fleet operators".
They further added, "We are delighted to partner with Hero Electric, which has been transforming the mobility landscape in India in its truest sense. Last-mile delivery has seen exponential growth in the last couple of years and is expected to grow six times to over 5,000 million shipments in the next three years. Our partnership with Hero Electric will enable a pollution-free, seamless delivery service to our end customers, and reduce the impact of carbon emissions in the last mile delivery segment".
In line with India's sustainability vision, Hero Electric claims to be working towards expanding its manufacturing footprint and distribution network. Earlier last month, the company signed an MoU with the Rajasthan Government to set up its mega EV manufacturing hub with an annual production capacity of 2 million units.
Hero Electric aims annual EV manufacturing capacity of 5 million units by 2025
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