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eBikeGo forms strategic alliance with ASSAR to deploy 30,000 e-bikes in next 3 years, Auto News, ET Auto

eBikeGo forms strategic alliance with ASSAR to deploy 30,000 e-bikes in next 3 years, Auto News, ET Auto 2020-10-06Leave a comment

eBikeGo varieties strategic alliance with ASSAR to deploy 30,000 e-bikes in subsequent 3 years, Auto Information, ET Auto

eBikeGO will now help its business partners in electric mobility through its franchise-owned and company-operated (FOCO) model.
eBikeGO will now assist its enterprise companions in electrical mobility by its franchise-owned and company-operated (FOCO) mannequin.

New Delhi: The e-mobility startup eBikeGO has fashioned a strategic alliance with Superior Providers for Social and Administrative Reforms (ASSAR) and Ease of Doing Business (EoDB) to co-deploy over 30,000 electrical bikes in subsequent three years to varied e-commerce and logistics corporations like Amazon, Large Basket, Swiggy and so forth.

The corporate goals to deploy 3,000 bikes each quarter. In phase-1, the deployment can be in seven cities with targets of 900 in Delhi, 700 in Mumbai, 700 in Bengaluru, 200 in Pune, 150 in Amritsar, 150 in Hyderabad and 200 in Jaipur.

T Irfan Khan, founder and CEO, eBikeGO, informed ETAuto, “eBikeGO will now assist its enterprise companions in electrical mobility by its franchise-owned and company-operated (FOCO) mannequin. These 3000 bikes are the primary of the lot from the formidable pool of 30,000 bikes, that eBikeGO is concentrating on to transform to EV out of the present working base of three crore two-wheeler on Indian roads.”

The startup is seeking to seize 10% of electrical two-wheeler market share by 2022.

The alliance has received backing from the Ministry of Micro, Small and Medium Enterprises (MSME) which has been empowering higher credit score services, finance and financial institution ensures to micro-enterprises by numerous authorities schemes and public/non-public banks.

Abhijit Sinha, nation director – ASSAR, mentioned, “Our imaginative and prescient to facilitate ease of doing enterprise resonates properly with the Prime Minister’s name to seek for alternatives within the occasions of disaster for Atmanirbhar Bharat. This alliance with eBikeGO is befitting and appropriately timed and comes as a direct transfer in direction of employment era of over 10,000 each quarter with the deployment of electrical bikes.”

“Extra discussions to convey sustainability to the centre-stage of this initiative are underway with NITI Aayog, Ministry of Housing and City Affairs, Division of Science & Expertise and Ministry of Electronics”, he mentioned.

ASSAR has additionally been engaged on its pilot undertaking, ‘Nationwide E-Freeway Delhi-Agra-Jaipur (NH for EV), for which eBikeGo will present 20 e-bikes on every charging station on the freeway.

Based in 2017, eBikeGO gives e-bikes on subscription in 5 cities together with Mumbai, Bengaluru, Delhi, Amritsar, and Jaipur. The electrical mobility start-up began with 640 customers in 2017 claimed to be now offering mobility providers to greater than 18,000 customers

The startup has not too long ago appointed Indian cricketer Harbhajan Singh as its model ambassador.

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