Hexall Motors eyes 50 percent of Delhi e-comm and logistics market by end of 2024

The company plans to focus on this one region for the first year of operations and after that, it will quickly scale to a larger manufacturing unit from where it will be targeting pan India sales.

Autocar Pro News Desk By Autocar Pro News Desk calendar 15 Jan 2023 Views icon5010 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp

Hexall Motors, which introduced its Mammoth Range of cargo vehicles in Auto Expo 2023, is betting big on the strong demand coming into the e-commerce sector and third-party logistics market in the Delhi NCR region.

The passenger and cargo electric vehicle maker plans to take full advantage of the surge in e-commerce and third-party logistics growth. The Delhi-based company will sharpen its focus on this market with deliveries of their cargo vehicles which will begin by July 2023. Hexall also is looking to reach 20 Indian cities by the end of 2025.

The company plans to focus on this one region for the first year of operations during which time, it will target winning a 50 percent market share. After that, it will quickly scale to a larger manufacturing unit from where it will be targeting pan India sales. The company believes this will give it better control over the operations and with the initial orders flowing in, the company will be able to offer the best service and sales support to large e-commerce players.

The company’s current aim is to remain niche and later compete with products like TATA Ace, Mahindra Supro and Maruti Carry.

RELATED ARTICLES
'Need for long-term outlook, continuation of stable policies': Santosh Iyer

auther Autocar Pro News Desk calendar28 Jan 2023

The managing director and CEO of Mercedes-Benz India expects the upcoming Budget 2023-24 to be forward-looking and to ac...

SMEV bats for GST rationalisation on components for the EV segment to charge ahead

auther Autocar Pro News Desk calendar28 Jan 2023

A uniform levying of the GST on different components of an electric vehicle along with supply-side support and strengthe...

All new Mahindra XUV400 booking open for Rs 21,000

auther Autocar Pro News Desk calendar27 Jan 2023

Mahindra XUV400 prices were announced earlier this month, with the SUV introductory price costing between Rs 15.99 lakh-...