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The Future Is Electric- Business News


The Future Is Electric
The pandemic has not impacted the electric vehicle story adversely. In fact, it may have accelerated the shift
The pandemic may have come as a rude shock for doubting Thomases who believed that the future of mobility is something else. While sale of conventional passenger vehicles and two-wheelers in the country declined over 9 per cent and 13 per cent, respectively, in FY21, electric two- and four-wheelers bucked the trend and posted impressive growth.
Sales of electric two-wheelers surged over 64 per cent, while four-wheelers grew over 68 per cent. Yes, this is on a small base, but encouraging. In a year where nearly two months were lost due to lockdown, it is the clearest indication yet that after sputtering for years, the electric mobility story is on track towards an inflection point when it will become mainstream. ....

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With Blowhorn, Ninjacart, Grofers as its clients, this startup is looking to bring EVs into hyperlocal delivery


With Blowhorn, Ninjacart, Grofers as its clients, this startup is looking to bring EVs into hyperlocal delivery
Delhi-based Zyngo Mobility is a third-party EV logistics provider for hyperlocal ecommerce, e-grocery, retail, and pharma companies.
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There has been a lot of awareness on sustainable travel and commuting in the country in recent years. Hyperlocal delivery players like Swiggy, Zomato, Dunzo, etc., are also slowly switching to green modes of mobility.
As the demand for sustainable and safe modes of transport increases, entrepreneur
Prateek Yadav decided to start
Zyngo Mobility out of Delhi-NCR in 2019. Zyngo is a hyperlocal third-party logistics (3PL) service provider for the last-mile and middle mile sector, catering to the needs of ecommerce, online grocery, retail, and pharma companies.  ....

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