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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
An electric vehicle uses one or moreelectric motors for propulsion. It can be powered by acollector system, with electricity from extravehicular sources,
or it can be powered autonomously by abattery(sometimes charged bysolar panels, or by convertingfuelto electricity usingfuel cellsor agenerator).
EVs include, but are not limited to, road andrail vehicles, surface andunderwater vessels,electric aircraft, andelectric spacecraft.
In order to deploy TVS Motor Company's electric vehicles for food delivery, other on-demand services, and other sustainable projects, the two companies have formed a strategic alliance.
Softbank-backed , Swiggy intends to use EVs to make deliveries covering a distance of 800,000 kilometres per day. It has collaborated with the manufacturer of cargo e-cycles, Hero Lectro, to develop end-to-end delivery of Swiggy orders using cargo e-cycles.
It also signed a contract with Reliance BP Mobility Ltd (RBML) to create an EV ecosystem and battery-swapping stations for its delivery partners. In this regard, trials are currently being on in Hyderabad, Bengaluru, and New Delhi.
In a statement, TVS noted that the agreement demonstrates its dedication to advancing electrification across all transportation segments and is consistent with Swiggy's numerous initiatives to facilitate the adoption of EVs in its delivery fleet.
The implementation of TVS Motor's EV for food delivery and other on-demand services of Swiggy will be tested as part of the MoU between TVS Motor and Swiggy.
The two businesses are also investigating the possibility of jointly developing comprehensive and sustainable solutions for Swiggy's delivery partners.
Working on specialised packages, such as a need-specific product, adaptable financing choices, and related services, will be part of this. Notably, the pilot will be crucial to the adoption of electric vehicles in on-demand and food delivery services.
TVS Motor Company has been at the forefront of providing our customers with green and connected automobiles.
Collaboration with Swiggy is a crucial step in advancing the electrification of mobility in last-mile delivery services and food delivery, promoting the simple adoption of EVs among consumers.
The company's MoU with Swiggy is consistent with its pledge to increase TVS iQube Electric's presence throughout all major cities.
Currently, 33 cities offer the electric scooter, including Delhi, Bangalore, Chennai, Pune, Kochi, and Coimbatore.
Swiggy has been in the forefront of advocating for more EV usage. We think they enable our delivery partners to make more money while simultaneously providing a long-term answer to green transportation.
The needs of the delivery fleet and the initiatives we can take to make our operations more environmentally friendly and sustainable will be better understood thanks to this pilot with TVS.
Global Electric Delivery Market is expected to gain market growth in the forecast period of 2024 to 2030. It is analyzed that the market is growing with a CAGR of XX.X% in the forecast period of 2020 to 2027 and is expected to reach USD XXXX million by 203-.
Shyft, which is based outside Detroit, will begin delivering the custom-built electric vans in the second half of 2022 to customers for testing. The van will have a driving range of up to 175 miles (281 km), with the ability to enhance that with expanded battery options
Jet Freight Express, the domestic and hyperlocal service arm of Jet Freight Logistics, has deployed electric vehicles (EVs) in the last-mile delivery for an e-commerce player.
The company in a statement on Monday said it plans to include more EVs to serve multinational companies as part of a global effort to make cargo transportation more sustainable and environmentally friendly.
Amazon India and Mahindra Electric on Tuesday announced a partnership under which the e-commerce major has deployed the latter's electric vehicles in its delivery network as part of a commitment toward strengthening electric mobility in the country.
Under the partnership, Amazon India has deployed close to a hundred Mahindra Treo Zor EVs in seven major cities, the companies said in a joint statement.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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