E-cycles for food delivery

Food delivery platform Swiggy is launching electric-cycles (E-cycles) in association with the Hero Lectro Cargo (HLC) in Hyderabad.

Key Points

• Under the pilot project, e-cycles will be rolled out in August 2021 itself.
• E-cycles from Hero Lectro Cargo (HLC) will be deployed for last mile food delivery.
• Swiggy would deploy Hero Lectro WINN cargo e-cycles with which last-mile delivery service provider Fast Despatch Logistics and A.S. Group (a firm in public bike sharing space) are also associated.

Swiggy’s commitment

The initiative was launched in line with Swiggy’s commitment of increasing adoption of electric vehicles in its delivery fleet. This move will also benefit the riders by increasing their earnings as these electric cycles will lower the maintenance and vehicle running costs. This project will set a backdrop for rising fuel prices. Swiggy aims to cover deliveries over 8 lakh kms everyday using electric vehicles (or e-cycles).

Significance of the e-cycles

These e-cycles are affordable and enable the company to reduce their carbon footprint. It would also reduce the cost of delivery per km for delivery partners.

About Swiggy

Swiggy is India’s largest online food ordering and delivery platform. It was founded in 2014. It is based in Bangalore. This platform operates in more than 100 Indian cities. Swiggy also expanded into general product deliveries in early 2019 under the name Swiggy Stores. It also launched instant pickup/dropoff service Swiggy Go in September 2019. This service is used for various items such as laundry & document or parcel deliveries to business clients & retail customers. This platform is operated by Bundl Technologies Private Limited.

Month: Current Affairs - August, 2021