In a significant development poised to reshape the landscape of electric two-wheelers in India, Lectrix EV, a major player in the electric vehicle industry, has entered into a strategic partnership with Zypp Electric, a leading provider of electric mobility as well as delivery solutions. This collaboration is a pivotal part of Zypp’s ambitious expansion plan, which aims to increase its electric vehicle fleet to over 100,000 by the next year.
Lectrix EV, the electric mobility arm of the SAR Group, is renowned for its advanced electric two-wheelers. Under this strategic partnership, Lectrix EV will utilize its expertise and resources to supply customized electric vehicles tailored to Zypp’s specific requirements for its expanding last-mile delivery business. These vehicles are not only eco-friendly but also compliant with the FAME II scheme, aligning with the Indian government’s objective of cleaner and sustainable transportation.
A notable aspect of this collaboration is that all vehicles provided by Lectrix EV to Zypp will be 100% Made in India and approved under the FAME II initiative. This commitment to domestic manufacturing reflects both companies’ shared vision to support the ‘Make in India’ initiative and promote self-reliance in the electric vehicle sector. It is anticipated to have a positive impact on the Indian electric vehicle ecosystem, generating increased employment opportunities and technological advancement.
Mr. K Vijaya Kumar, MD & CEO of Lectrix EV, stated, “Lectrix EV’s readiness to provide customized electric two-wheelers tailored to Zypp’s needs underscores our deep understanding of the B2B (business-to-business) use case in the electric mobility industry. Our prior collaborations with industry giants like Bounce and Mooving have provided valuable insights and positioned Lectrix EV as a preferred partner for businesses seeking efficient and sustainable last-mile delivery solutions. As the partnership with Zypp takes shape, it is likely to accelerate the adoption of electric two-wheelers for commercial purposes, setting a new standard for sustainable and efficient last-mile delivery solutions in India.”
Tushar Mehta, COO and co-founder of Zypp Electric, expressed, “We are currently in a massive expansion phase, aiming to deploy half a million scooters within the next four years. The Indian last-mile market is keen to electrify, and large-scale fleet service providers who can manage the entire EV ecosystem are the key. Adopting electric two-wheelers for last-mile deliveries not only reduces operational costs for businesses but also significantly contributes to reducing carbon emissions and meets the growing demand for faster deliveries. After testing Lectrix products for a few months, we are delighted to collaborate with Lectrix EV to achieve this significant goal and look forward to continued cooperation in the future.”
This partnership comes at an opportune time, with the Indian electric vehicle market experiencing rapid growth and the e-commerce sector witnessing a surge in demand. Zypp’s growth strategy is well-suited to meet the changing requirements of Indian customers.
By adhering to FAME II regulations and a dedication to domestic production, this partnership showcases the significant transformative possibilities within India’s electric vehicle sector. As these electric fleets hit the streets, it won’t just be the wheels turning; it will be the wheels of progress, innovation, and a greener future for India’s urban landscape.
