New Delhi: E-mobility service provider Yulu on Friday introduced Yulu DEX, a custom-designed electric two wheeler for “short mile” delivery.
According to a media release, Yulu has partnered with food delivery providers to deploy up to 10,000 Yulu DEX across Bengaluru, Mumbai, and Delhi in the first phase, by December 2021.
The DEX comes with a range of 60Km per charge and maximum speed of 25 kmph. It does not require a driving license and has a luggage carrying capacity of 12 KG.
Yulu DEX is expected to reduce the operating costs of delivery executives by almost 35%-40%, the release said.
Amit Gupta, co-founder, Yulu Bike, said, “In addition to our leadership position in people-mobility, we are excited to expand our services to “short mile delivery” of goods as well. With the boom in the online-to-offline economy, the number of gig workers in India has increased, but the majority of them don’t have Driving-License nor can they afford their own vehicles. Yulu Dex, a high-quality purpose-built electric vehicle will empower these gig economy workers by providing an affordable and safe electric vehicle.”
Yulu will use its extensive network of Yulu Zones and charging stations (Yulu MAX) to provide seamless service with zero downtime, increasing the earning potential of gig economy workers and improving their economic well-being, said the tech-based mobility service provider.
The Bajaj Auto-backed micro-mobility startup recently claimed that its revenue grew by 2.6 times in FY 2021 over the previous year. The fleet size swelled from 4,000 to around 10,000 vehicles. The company offering INR 10/km last-mile and first-mile connectivity is aiming to raise another USD 40 million to fund its next phase of expansion.
(Inputs from ET Auto)