New Delhi: Logistics major Delhivery Limited on Monday said it will deploy 150 high-performance electric vehicles (EVs) over the next three months as part of a strategic partnership with electric mobility startup RIDEV, accelerating its transition toward a greener last-mile delivery network.
The deployment will initially cover North East India, Bengaluru and Hyderabad, with phased expansion planned across major logistics hubs including Mumbai, Pune, Chennai and Goa.
The announcement was disclosed to exchanges including BSE Limited and the National Stock Exchange of India Limited, where the company is listed under the symbol DELHIVERY.
EV-as-a-Service Model to Reduce Rider Burden
Central to the partnership is a specialized “EV-as-a-Service” leasing model designed to reduce upfront capital expenditure for delivery partners. The structure aims to eliminate the high entry costs typically associated with EV adoption, while addressing maintenance and energy management complexities.
Company executives said the model is expected to make electrification both operationally seamless and financially beneficial for gig workers, particularly in urban last-mile operations where fuel expenses significantly impact earnings.
“Electrification is a fundamental shift in our approach to last-mile logistics,” said Prashant Gazipur, Senior Vice President – Last Mile Operations at Delhivery. He added that reducing operational overheads for delivery partners remains a core objective alongside achieving sustainability targets.
Building on Existing EV Footprint
Delhivery currently operates close to 1,000 electric two-, three- and four-wheelers integrated into its logistics network. The latest deployment marks a transition from pilot-driven experimentation to a structured, nationwide replacement of internal combustion engine (ICE) vehicles.
According to the company, a pilot run conducted in Delhi-NCR and Bengaluru demonstrated measurable impact — reducing approximately 4,260 kg of CO₂ emissions while lowering daily operational costs for riders by more than 50%.
RIDEV Founder Manish Kumar Jain said the integration of its tech-backed fleet into Delhivery’s network would simplify fleet management for riders, allowing them to focus on delivery performance while the platform handles energy optimization and vehicle maintenance.
Aligning with India’s Clean Mobility Push
The initiative aligns with India’s broader clean mobility goals under PM E-DRIVE and the government’s push for EV adoption in urban transport ecosystems. Industry analysts note that last-mile logistics remains one of the most scalable segments for EV penetration due to predictable route patterns and high daily mileage.
For Delhivery, the move also strengthens its ESG positioning amid increasing investor scrutiny around carbon neutrality and sustainable supply chains.
With structured EV leasing, phased geographic expansion, and a focus on gig-economy economics, the company appears to be shifting from isolated electrification pilots to a systemic green logistics transition.
As competition intensifies in India’s logistics sector, sustainability-driven cost efficiencies may emerge as a decisive operational differentiator.