Home » Yamaha Enters Delhi’s EV Market with Zypp Electric

Yamaha Enters Delhi’s EV Market with Zypp Electric

MBSI will also explore the opportunities to work with last-mile delivery platforms, especially with the companies that are keen on deploying EV 2W/3W.

by Aishwarya Saxena
Published: Last Updated on

Yamaha leasing company (MBSI) has stepped into the EV market of New Delhi with 2-wheeler Asset Management Services through its India company, Moto Business Service India.

Yamaha EVThe company provides services for tech startup companies that focus on shared mobility space.

Yamaha Motors has invested in New Delhi with Zypp Electric and launched 250 Hero Electric two-wheelers in the capital city.

Shoji Shiraishi, Managing Director, MBSI says, “We are extremely excited to officially launch MBSI in New Delhi, by kick-starting our operations with Zypp Electric. The Indian electric vehicle mobility market is growing in line with the overall global trend and will see rapid traction and growth for shared two-wheelers and four-wheelers in the EV segment. We will onboard EV vehicles across multiple cities and generate employment avenues for the youth of India. We need to create an evolving ecosystem that can address all challenges and enable millions of businesses to adopt sustainable modes of transport. We plan to work with more environment-friendly mobility companies in the future and to transform the overall shared mobility space in India by bringing our financial and strategic experience from our stakeholders. “

Zypp Electric provides last-mile delivery service to leading E-commerce segments across logistics, groceries, food and pharma sectors making delivery sustainable, attrition free & affordable.

The company claims that it aims to increase the usage of vehicles on shared/rental platforms, which creates employment and contributes to improving people’s quality of life in India.

MBSI will also explore the opportunities to work with last-mile delivery platforms, especially with the companies that are keen on deploying EV 2W/3W.

The aim is to push a majority of companies and delivery executives across the country to go electric.

With a fleet size of 5,000 electric scooters, Zypp is currently present in Delhi-NCR and plans to expand to Mumbai, Bengaluru, Hyderabad, and Pune this year. They are adding 1000-1500 E – vehicles every month with plans to add 1,50,000 EVs to their fleet by 2024.

The company has partnered with e-commerce segments across logistics, groceries, food, and pharma sectors such as Zomato, Swiggy, Zepto, Big Basket, Amazon, Flipkart, Myntra, PharmEasy, Jio Mart, Delhivery, and Spencers to ensure last sustainable mile delivery in India.

Zypp currently operates in Delhi-NCR and plans to expand to Bengaluru, Hyderabad, Mumbai, and Chennai within this year.

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