Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home E-Mobility

eBikeGo Plans Major Expansion with 100,000+ Electric Vehicles by Next Fiscal Year

editor by editor
June 18, 2024
in E-Mobility
Reading Time: 2 mins read
0
eBikeGo
Share on FacebookShare on TwitterShare on Linkedin

eBikeGo, India’s leading electric vehicle rental service, is poised for substantial growth with plans to increase its fleet of 2-wheeler electric vehicles (EVs) to over 1, 00,000 by the end of next fiscal year. Having established a robust presence in 7 metropolitan cities over the past three years, the company now aims to broaden its operations to include tier I and tier II cities across the country.

The last-mile delivery and e-commerce business is growing in India at the rate of 6.4% as of Q1 of 2024. As direct-to-consumer delivery becomes the need of the hour and a compulsory asset, the affordability of a fuel 2W vehicle at the current price point raises a question. Additionally, adversely affecting the environment.

RELATED POSTS

Neodymium and Dysprosium: Driving Forces Behind the Rare Earth Market Surge

Oben Electric Secures Rs 500 Million in Extended Series A Funding Round

The annual growth rate of Hyperlocal Delivery (CAGR) from 2024 to 2029 is expected to be approximately 16.14%, resulting in a projected market volume of US $92.50 billion by 2029. Hyperlocal delivery models are also penetrating deep into tier II and III cities, as well as rural areas like Zepto, Big Basket, etc. to name a few.

The increase in the usage of fuelled 2Ws for the delivery chain will not only increase the fuel consumption but also, hamper the environment by adding up air pollution and substantial increase in carbon emissions. eBikeGo constantly persevere to reduce carbon emissions and in order to tackle this massive problem the company aims to switch 1,00,000 fuel bikes to electronic bikes by next fiscal year, hence saving 1,98,000 tons of carbon emission.

Since its inception in 2019 at Amritsar, eBikeGo has shown a dedicated commitment to establishing a significant footprint in the pan India rental business. With four years of operational experience in the 2W rental business and extensive research, eBikeGo currently manages a fleet of over 3,000+ ebikes, meticulously tracked over 1crore kilometers and optimized using data analytics (amounting to over one petabyte of data) through our home-grown telematics device.

“After a remarkable success in metropolitan cities, we now focus our expertise to expand to tier I and tier II cities. We are enthusiastic about the potential to transform everyday commuting into a more sustainable practice that supports both the environment and local economies,” said Dr. Irfan Khan, Founder & CEO, eBikeGo.

Tags: CAGReBikeGoelectric vehicle
ShareTweetShare
editor

editor

Related Posts

Neodymium

Neodymium and Dysprosium: Driving Forces Behind the Rare Earth Market Surge

by Palak
June 25, 2025
0

In the global race toward clean energy, advanced electronics, and sustainable mobility, the Rare Earth Elements Market has gained unprecedented attention. At...

Oben Electric

Oben Electric Secures Rs 500 Million in Extended Series A Funding Round

by Palak
June 20, 2025
0

Oben Electric has raised Rs 500 million through an extended Series A funding round. The round saw participation from both...

STMicroelectronics

STMicroelectronics’ Automotive gate driver enables scalable and high-performance EV-powertrain designs

by Palak
June 11, 2025
0

STMicroelectronics’ STGAP4S galvanically isolated automotive gate driver for SiC MOSFETs and IGBTs gives flexibility to control inverters of different power ratings featuring...

digital technology

Key Drivers Fueling the Expansion of Europe’s Used Car Market

by Palak
June 5, 2025
0

The Europe Used Car Market is undergoing a dynamic transformation, driven by a confluence of economic shifts, consumer behavior changes, technological...

SecureKloud

SecureKloud Unveils DocuGenie.AI to Revolutionize Document Automation with Generative AI

by Palak
June 5, 2025
0

Chennai, Tamil Nadu, India; Bangalore, Karnataka, India - SecureKloud Technologies Ltd. AI-led digital innovation, SaaS, and Managed services today announced...

Next Post
Southco

Enhancing Critical Infrastructure Security with Touchless Access Control

Hydroelectric Power Plant

CREC Plans Privatization of 796.64 MW CBK Hydroelectric Power Plant Complex

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

THDC

THDC Inks Deals for 184.08 MW Green Power Supply from Tehri PSP

June 28, 2025
World Bank

World Bank and IAEA Ink Pact to Promote Safe Nuclear Energy in Developing Nations

June 28, 2025

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

THDC Inks Deals for 184.08 MW Green Power Supply from Tehri PSP

World Bank and IAEA Ink Pact to Promote Safe Nuclear Energy in Developing Nations

Toyota Kirloskar Motor Partners with Ohmium to Advance Green Hydrogen Solutions in India

NSE Waives Transaction Charges on Electricity Futures Until December 2025

COMAU Unveils Innovative N-WG Welding Gun at Automatica 2025

An Exclusive Interview with Rachna Kango | Delta Electronics India Private Limited

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved