Zevo India is a three-year-old firm that wants to transform the logistics and mobility industry by fusing cutting-edge technology with environmentally friendly transportation. The firm provides supply chain and electric logistics solutions for two-, three-, and four-wheeler modes of transportation.
The business intends to use solar energy to power its electric fleet, with cars being charged by solar power that instantly transforms into electrical energy, cutting down on operating expenses. This year, 50% of Zevo India’s facilities will be powered by solar energy, and all new facilities will be powered entirely by solar energy by the following year, according to Dhruv Bhatia, COO and co-founder of Zevo India.
Zevo is now installing its first solar-powered charging stations in Delhi with plans to quickly spread to other significant cities. Prominent companies including Flipkart, Zomato, Blinkit, and Uber are among the startup’s clientele. Future collaborations with Maersk, Kuehne+Nagel, Mars, Transagile, Shadowfax, and Delhivery are planned for FY24–2025.
These new collaborations demonstrate Zevo’s dedication to bringing cutting-edge automobiles to the Indian market. According to Bhatia, who spoke with ETAuto, the business is also testing temperature-controlled refrigerated delivery electric vehicles (REVs) and has established a partnership with Macphy to offer temperature-controlled last-mile fleet services. It anticipates receiving an order for more than 2,000 vehicles.
The organization is utilizing cutting-edge technologies for vehicle analytics and monitoring in order to enhance fleet management and safety requirements. Bhatia continued by saying that they are investigating ways to work with AI startups to integrate cutting-edge safety features like ADAS into their fleet.
Zevo is also seeking funding to increase the number of its fleet, although Bhatia would rather not disclose specifics until all formalities have been completed. With 10,000 vehicles and an annual revenue run rate of INR 250 crore in mind, the company expects a large revenue boost this fiscal year compared to FY23–24. Bhatia stated high expectations for the upcoming financial year, noting that they have already made INR 5–6 crore this fiscal year, matching their whole earnings from the previous year.
