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Tag: Zypp Electric

  • AddUp Networks & NikolEV wins Zypp Electric’s EVolve challenge season 2

    AddUp Networks & NikolEV wins Zypp Electric’s EVolve challenge season 2

    Mumbai: Zypp Electric, a tech-enabled EV-as-a-Service platform, recently completed its EVolve Challenge season 2 aimed to support innovation-driven startups in the EV industry with minds working to shape a sustainable future. The winners, AddUp Network and NikolEV will receive a cash prize of Rs 10 lakh and orders worth up to Rs 2 crore from Zypp Electric along with incubation & funding support.

    This year’s challenge attracted an impressive array of startups, all passionate about creating a sustainable future and revolutionizing the EV industry. After a rigorous evaluation, two exceptional startups, AddUp Network and NikolEV, were declared winners.

    AddUp Network is a SaaS-based logistics startup that aims to democratize the supply chain for SMBs and enable their growth through technology-driven logistics excellence and innovation.

    AddUpNetwork director and founder Abhishek Prabhuda said, “Participating in the evolving challenge was a thought-provoking activity, with an experienced jury asking us intriguing questions. It made us rethink several aspects of our business model like the target market, and the ability to price and collect, which have now become the key pillars for AddUp Networks. The journey for AddUp so far has been an exhilarating roller coaster. We have been able to serve some of the big clients as well as the SMEs, and we continue to learn as well as evolve with them.

    Our growth vision with Zypp Electric remains extremely exciting with the combination of a SaaS-based tech stack combined with the EVaaS operating model. It brings synergies like hyperlocal and e-commerce deliveries as well as new delivery methods like same-day and slotted delivery to the fore.” he added.

    The second winner, NIKOL EV, is building India’s largest operational EV charging infrastructure with their self-developed and designed chargers. They have set up EV charging stations that provide uptime of 98 per cent against an industry average of 60 per cent.

    NikolEV director and founder Arjun D Pawar said, “We are very happy to receive this accolade in the EVolve Innovation Challenge Season 2. We have been working tirelessly for the last 2.5 years towards shaping a sustainable future in the electric vehicle charging infrastructure landscape.

    We are excited about the possibilities ahead between Nikol EV and Zypp Electric in shaping the future of clean mobility in India. Thanks to the whole Zypp team for providing a platform that propels the vision of startups like us.”

    Zypp Electric co-founder & CEO Akash Gupta said, “With Evolve Innovation Challenge Season 2, we are reaffirming our commitment to foster innovation in the Indian EV industry. The first season of the EVolve Innovation Challenge, which was launched last year, saw participation from over 100 startups. Out of these, 4 i.e. Mechanify, Flo, TSAW & Mastiebikes were selected for funding and mentorship. This year, the challenge aimed to support even more participants and help them bring their innovative solutions to the market. We have our winners for this year, and I congratulate them for their efforts in working on innovative solutions to drive the adoption of electric vehicles and supply chains in the country. They are working diligently and we’re their growth partners to achieve their mission.”

    The success of the previous season’s winners, including Flo Mobility, TSAW Drones, Mechanify, and Mastiebikes, highlights the tremendous impact of the EVolve Innovation Challenge. TSAW Drones, which specializes in drone deliveries for logistics, agriculture, and surveillance, praised the program’s support and mentorship.

  • WION announces Mission Sustainability initiative

    WION announces Mission Sustainability initiative

    Mumbai: In an interconnected world where challenges are shared, resources are pooled, and wisdom is collective, the journey towards a greener tomorrow through collaborative actions at every level has begun. WION, India’s first and only global news platform, has joined forces with the drivers of change to chart a roadmap for a sustainable and responsible economy, announcing the launch of ‘Mission Sustainability – No Action, Not An Option!’ initiative. This on-ground event is scheduled to take place on Wednesday, 11 October 2023, in New Delhi, and aims to galvanize global efforts towards a greener future.

    WION’s Mission Sustainability will feature strategic conversations with key industry leaders focusing on critical topics such as ‘Sustainable Development Goals (SDGs) and its implementation,’ ‘New-age solutions for a sustainable tomorrow,’ and ‘Corporate Sustainability and Responsible Business Practices – Adopting Inclusive Action’. Additionally, attendees will also witness insightful fireside chats on ‘Sustainable Mobility’ and ‘Sustainability Warriors – the harbingers of change with notable speakers such as Tesla Power USA MD Kavinder Khurana; Zypp Electric co-founder & CEO Akash Gupta and moderated by NRI Consulting & Solutions head – new mobility practice, automotive industry consulting group Ankit Awasthi and Swami Prem Parivartan (Peepal Baba) – an environmentalist & founder of GiveMe Trees.  

    The upcoming Mission Sustainability Conclave is poised to be a landmark event, bringing together thought leaders, policymakers, industry associations, innovation hubs, and climate activists to chart a course towards a sustainable future. It also aims to create awareness and inspire action for the realisation of the UN’s sustainable development goals (SDGs).

    Speaking about the relevance of Mission Sustainability, WION chief business officer Madhu Soman said “At WION, we recognise that the path to sustainability requires collective effort.  WION’s Mission Sustainability is more than an event; it’s a movement.  We are empowering individuals, corporations, and the government to present actionable solutions and embrace sustainable practices and work together towards a common goal – a sustainable and responsible future.”

    The conclave will be live-streamed from 6 pm onwards across WION’s digital and social platforms, and the highlights will be aired on the WION channel in the subsequent week. WION is the most subscribed news channel on YouTube with nearly eight million subscribers.

  • Lectrix EV joins forces with Zypp Electric

    Lectrix EV joins forces with Zypp Electric

    Mumbai: In a significant move that promises to reshape the Indian electric two-wheeler landscape, Lectrix EV, a major player in the electric vehicle (EV) industry, has forged a strategic partnership with Zypp Electric, a leading provider of electric mobility & delivery solutions. The collaboration is set to play a pivotal role in Zypp’s ambitious expansion plan, which aims to increase its electric vehicle fleet by more than one lakh EV Fleet size by next year.

    Lectrix EV, the electric mobility arm of SAR Group is renowned for its cutting-edge electric two-wheelers. In this strategic collaboration, Lectrix EV will leverage its expertise and resources to supply customised electric vehicles tailored to Zypp’s specific requirements for their expanding last-mile delivery business. These vehicles are not only environmentally friendly but also compliant with the FAME II scheme, aligning perfectly with the Indian government’s goal towards cleaner and sustainable transportation options.

    One of the standout features of this partnership is the fact that all the vehicles provided by Lectrix EV to Zypp will be 100% made in India & FAME II-approved products. This commitment to domestic manufacturing reflects the companies’ shared vision to bolster the ‘Make in India’ initiative and promote self-reliance in the EV sector. It is expected to generate a positive ripple effect throughout the Indian EV ecosystem aiding in increased employment opportunities and technological advancement.

    Lectrix EV MD & CEO K Vijaya Kumar shared, “Lectrix EV’s readiness to provide customized electric two-wheelers tailored to Zypp’s needs is a testament to their deep understanding of the B2B (business-to-business) use case in the electric mobility industry. This understanding has been honed through past and ongoing collaborations with industry giants like Bounce and Mooving. The valuable insights gained from these partnerships have positioned Lectrix EV as a go-to partner for businesses seeking efficient and sustainable last-mile delivery solutions. As the partnership between Lectrix EV and Zypp takes shape, it is likely to accelerate the adoption of electric two-wheelers for commercial purposes, setting a new benchmark for sustainable and efficient last-mile delivery solutions in India.”

    “We are currently in a massive expansion phase and our aim is to deploy half a million scooters within the next 4 years. Indian last mile market is desperately looking to electrify itself and the solution lies with large scale fleet service providers who can manage the entire ecosystem around EVs. The adoption of electric two-wheelers for last-mile deliveries not only reduces operational costs for businesses but also contributes significantly to reducing carbon footprint and fuel the ongoing demand of faster deliveries to customer doorsteps. In the past, we have worked with a few select OEMs. We have been testing Lectrix products for a few months now and am happy to collaborate with Letrix EV to achieve this big goal and look forward to working with them in the future as well”, shared Zypp Electric COO & co-founder Tushar Mehta.

    The timing of this collaboration couldn’t be more opportune. With the Indian electric vehicle market witnessing rapid growth and the e-commerce sector experiencing a boom, Zypp’s expansion plans align perfectly with the evolving needs of the Indian consumer.

    With FAME II compliance and a commitment to Indian manufacturing, this alliance exemplifies the transformative potential of the electric vehicle industry in the country. As these electric fleets hit the streets, it won’t just be the wheels that are turning; it will be the wheels of progress, innovation, and a greener future for India’s urban landscape.