Hero Electric Joins Hands With Turtle Mobility In Last Mile Delivery Segment
Highlights
- Hero Electric is the highest selling electreic two-wheeler brand
- Hero Electric currently has over 36 per cent market share
- 1,000 more electric scooters to be delivered to Turtle Mobility by 2022
Hero Electric, India's leading electric two-wheeler company, has partnered with Turtle Mobility, a start-up offering last-mile delivery solutions to e-commerce and grocery companies. As part of the partnership, Hero Electric has provided Turtle Mobility 200 electric scooters by the end of 2021, and 1,000 more electric scooters will be provided by the end of 2022. Hero Electric has partnered with numerous business-to-business (B2B) start-ups to supply electric scooters to address the segment's challenges, the company said in a statement. The partnership with Turtle Mobility is the latest such association.
Also Read: Hero Electric Moves Court To Claim Hero Brand For EV Business
Speaking further on the association, Sohinder Gill, CEO, Hero Electric said, "At Hero, we constantly strive to quicken the pace of transition to electric mobility and push forward the same through B2B partnerships to strengthen the EV ecosystem across India. This partnership is another step to boost the rapidly growing logistics and delivery industry and steer our commitment to carbon-free mobility by electrifying the segment. Hero's electric two-wheelers are flexible, modular, and versatile, offering longer mileage and a low cost of ownership. It further fulfills consumer needs of last-mile delivery offered by Turtle Mobility."
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Kapil Gupta, Founder & Director, Turtle Mobility said, "The use of EV high speed scooters has become increasingly favourable in states for their multiple benefits including low carbon footprint, ease of access, low operational costs as well as cost optimisation for last mile deliveries. It is only a matter of time for EV high speed scooters to become widely relevant in India across e-commerce companies for last mile deliveries. It will also help us to generate work opportunities for self-employed individuals in the informal sector by offering them a more affordable and easily accessible alternative to ICE vehicles".
Also Read: Hero Electric Partners With HDB Financial Services For Easy Financing Options
Turtle Mobility was incorporated in the second quarter of 2021 to further develop the electric vehicle ecosystem in the mid- and last-mile delivery segments. Hero Electric has been associated with Turtle Mobility since July 2021 and has delivered 100 Hero Nyx electric scooters. Hero Electric is India's largest electric two-wheeler company and has been providing sustainable travel and commuting solutions over the past 14 years. Currently, Hero Electric has over 700 sales and service outlets across India, and is looking to convert 35 per cent of sales from the B2B segment in the next four years.
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