e-bike rental company Yulu helps make 10 crore ecom deliveries

With a fleet of 30,000 vehicles operating in Bengaluru, Mumbai (including Navi Mumbai), Delhi, and Gurugram, Yulu has become the EV of choice for hyperlocal deliveries in these cities

Autocar Pro News Desk By Autocar Pro News Desk calendar 20 Jun 2024 Views icon1740 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
e-bike rental company Yulu helps make 10 crore ecom deliveries

Yulu, one of the pioneers in the short-term, e-bike rental sector in India, said its bikes have been used to make 100 mln (10 crore) e-commerce deliveries. With a fleet of 30,000 vehicles operating in Bengaluru, Mumbai (including Navi Mumbai), Delhi, and Gurugram, Yulu has become a key player in the hyperlocal delivery sector in these cities, the company said.

Yulu is one of a cluch of start-ups exploring the 'shared mobility' concept. Consumers can download the Yulu app and use it to locate the nearest Yulu bike. The bike can be ridden to the destination, and left there for another person to pick up. Yulu's shared EVs can be ridden without a driver's license.

The company uses IoT-powered vehicle hardware, AI-based fleet management system, robust on-ground operations, and innovative pricing features like kilometer-based rental plans to attract users. Many of the bikes are used by the burgeoning ecommerce sector in India.

India's e-commerce and quick-commerce services have witnessed a rapid uptake in urban areas, but last-mile deliveries account for nearly half of all e-commerce delivery-related emissions. The annual CO2 footprint of these deliveries is expected to reach 8 million tonnes by 2030, making clean last-mile delivery solutions crucial in accelerating the sector's decarbonization and helping delivery brands achieve their sustainability goals.

Yulu has partnered with major delivery-based businesses such as Swiggy, Zomato, Zepto, and Blinkit to help them meet their fleet electrification goals, acquire new riders who don't own vehicles, grow operations at scale, and improve efficiency through higher rider uptime. As a result, Yulu has become one of India's leading delivery EV, powering four deliveries every second in its markets.

Amit Gupta, Yulu's Co-founder and CEO, claimed that Yulu has enabled 30-40% higher savings for delivery partners (compared to petrol vehicles).

He also claimed that Yulu has prevented over 25 million kilograms of CO2 emissions and enabled tens of thousands of delivery executives to unlock work opportunities and maximize their incomes.

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