BLive has established a strategic partnership to introduce its EVs in 20 cities across India, starting in Hyderabad, with an initial fleet.
To accomplish this goal, the company has introduced the innovative Rent-to-Own model - a first-of-its-kind in the country, allowing delivery riders to become owners of electric vehicles without any upfront payment. This initiative addresses the challenges faced by these riders, such as limited access to finance due to low credit scores and high down payment requirements.
Each city will witness the deployment of 100 to 200 electric vehicles (EVs) exclusively for Zomato riders. This ambitious plan aims to reach 10,000 EVs deployed for Zomato riders across India over the next two years.
To address the scarcity of electric vehicles in the market, BLive aims to assist last-mile delivery companies like Zomato with end-to-end EV solutions. Blive primarily targets Tier-2 cities to bridge the supply gap and meet the demands of last-mile delivery organisations.
Samarth Kholkar, CEO and Co-Founder, BLive, noted that the collaboration aims to further the company’s cause for greater adoption of EVs in the country, being the one-stop EV solution for the growing delivery segment.
In addition to being green, using EVs will significantly reduce the cost of operation for Zomato riders, making EVs a winning proposition for the last-mile delivery service providers, he added.
Shikhar Agarwal, Programme Manager - Electric Vehicles Lead, Zomato, noted that the partnership also reflects the company’s commitment to green mobility and sustainable operations.