Zypp Electric, India’s leading EV logistics company, today announced joining hands with Mechanifyspares, India’s first online platform dedicated to providing auto components and spare parts for EVs, to procure and repair the 5000+ EVs currently on road, seamlessly.
With Zypp Electric, Mechanifyspare aims to organize the disconnected electric two-wheeler (E2W) market by augmenting the existing supply chain and proprietary technology.
Under this partnership, Zypp’s dedicated team that handles repairs of its EVs will now be able to procure required spare parts by placing an online order and getting it delivered across the cities Zypp is present in.
Further, Zypp will also enable Mechanifyspares in becoming a one-stop solution for all sorts of EV challenges related to maintenance and repairing.
The industry is growing at an unprecedented pace with India’s EV market projected to grow by 90% to $150 billion in the next decade. While the ecosystem is training ICE garage mechanics to repair EVs as smoothly as an ICE, the lack of an organized spare part provider makes repairing inaccessible to many EV users.
Akash Gupta, Co-Founder & CEO, Zypp Electric, said, “As we move to fulfill our dream of putting 100,000 EVs on the road for last-mile logistics by this year, we’re super excited to create an end-to-end journey for all our partners with Mechanify.
While there has been significant growth in the sale and purchase of EVs, there’s a massive gap in last mile EV challenges like maintenance or repairs.
Having Mechanify on board will help us provide a well-serviced vehicle that runs without any problems. Mechanifyspares will be able to solve a major issue of procuring branded spare parts to our team and help us remove the bottlenecks we would otherwise face at this stage of growth.”
Viren Thakur and Ujjwal Seth, Founders, Mechanifyspares, said, “While India saw growth in EV adoption and charging infrastructure, it lacks a connected ecosystem that resolves end-to-end problems. More often than not, industry, garage owners, suppliers, and others face difficulties in obtaining genuine two-wheeler parts due to the unorganized nature of the EV ecosystem.
At Mechanify, we want to organize the unorganized spare part industry and address an underlying challenge hindering the EV adoption in India.”
The development comes as Zypp is expecting logistics and eCommerce companies to opt for an aggressive switch post-Delhi government’s new EV norm. As India’s B2B gears up for an electric future, Zypp is ramping up its fleet by 4X to cater to the rising demand. Starting April, Zypp plans to add 2000 new EVs every month into its fleet.
The EV platform has already has partnered with 100+ partners across the logistics, grocery, food, and pharma sectors, including Zomato, Swiggy, BigBasket, Blinkit, Flipkart, Amazon, Myntra, PharmEasy, Delhivery, Licious, Spencers, and the likes.
Mechanify was started by Viren Thakur and Ujjwal Seth in 2019. Post receiving funding in September 2019, the company started its operations in Gurugram to build an organized B2B e-comm platform to deliver two-wheeler spare parts.
Their goal is to become the automotive parts industry’s most trustworthy company. They were part of Zypp EVolve Innovation Program that aims at improving EV and logistics industry through innovative business models.
About Zypp Electric
Zypp Electric is India’s Leading Tech-Enabled EV-as-a-Service platform, founded in 2017 with a Mission Zero-Emission and to make India carbon-free by using an ecosystem of Electric Vehicles and EV-based technology to make last-mile logistics sustainable and emission-free.
Zypp Electric’s business model is to make carbon-free last-mile delivery for local merchants to e-commerce giants to delivery executives and thereby reduce delivery cost and pollution on an asset-light model.
The company currently delivers groceries, medicines, food, e-commerce packages from point A to point B through their fully automated IoT and AI-enabled scooters which are low on maintenance and high on performance.
The technology tracks batteries that can be replaced at Zypp swapping stations which are installed at key touchpoints. Eco-friendly EV services also reduce the cost per delivery and help to make the city pollution-free. Currently, it has over 5000 and increasing Zypp EVs and Pilots (delivery executives) working towards this mission.