How is Last-Mile Delivery Transformed by Electric Cargo Vehicles?

While the consumers’ reliance on doorstep delivery has increased due to social distancing and other Covid-related measures, last-mile delivery service providers are starting to focus on electric vehicles for their delivery fleet.

The future of last-mile belongs to EVs

The concept of electric vehicles has been around for a long time, but recently it has drawn considerable interest among supply chain enterprises due to its efficiency and sustainability.

The future of last-mile belongs to EVs

It is most suited to businesses that provide last-mile delivery service within a short and limited area which includes products — such as — retail stores, e-commerce, home business, dairy, or food business, etc.

Electric Vehicles: Where Does India Stand?

India is the world’s third-largest automobile market in terms of sales, ahead of Germany and Japan.

The Economic Survey 2023 said that the domestic electric vehicle market in India will rise with a compound annual growth rate (CAGR) of 49% between 2022 and 2030, and may reach 10 million units of sales each year by 2030.