Amazon India ties-up with Mahindra Electric to expand EV fleet

Photo: Reuters

Amazon India on Tuesday said it has partnered Mahindra Electric to strengthen its commitment to electric mobility in the country, as it looks to add 10,000 electric vehicles in its local delivery fleet by 2025.

According to the e-commerce major, Mahindra’s Treo Zor vehicles have been deployed in seven cities–Bengaluru, New Delhi, Hyderabad, Ahmedabad, Bhopal, Indore, and Lucknow–so far, with Amazon India’s network of delivery service partners.

These are in addition to Amazon.com Inc.’s commitment of having 100,000 electric vehicles (EVs) in its global delivery fleet by 2030. Rival Flipkart, last year, pledged that it will convert its its entire delivery fleet in India to electric by 2030.

“The partnership between Amazon India and Mahindra Electric is a welcome step which reaffirms India’s significant progress in the e-mobility industry, and highlights the role of auto-makers and e-commerce companies to achieve our environmental sustainability goals. We are confident that the government’s efforts to encourage the adoption of electric vehicles in the country, and steps taken towards setting up of infrastructure backed by policy measures will help more companies adopt e-mobility,” said Nitin Gadkari, union minister of road transport and highways.

Amazon India, in a statement, said the Indian government’s focus on encouraging the adoption of electric mobility, with awareness campaigns such as ‘Go Electric’, and steps taken to set up charging infrastructure with the FAME 2 policy, has helped the company accelerate and chart its vision for EVs in India.

In September 2019, Amazon became one of the first signatories of the Climate Pledge, which states that the company will be a net zero carbon by 2040 across its businesses.

“The expansion of our Electric Vehicle fleet to 10,000 vehicles by 2025 is an integral milestone in our journey to become a sustainability leader in the industry. We continue to work with several OEMs to build a fleet of ‘Made in India’ electric vehicles that ensure sustainable and safe deliveries of customer orders,” said Akhil Saxena, VP, Customer Fulfilment Operations, APAC, MENA & LATAM, Amazon.

This article was first published on livemint.com

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.