Lockdown constraints amid second wave of Covid-19 a downside risk for electricity demand: ICRA
Lockdown constraints amid second wave of Covid-19 a downside risk for electricity demand: ICRA
14 Nov 2024
As part of its gradual transition to electric vehicles (EVs) for last-mile delivery, e-commerce company Flipkart announced that it has deployed more than 10,000 EVs in its fleet. The company also stated its commitment to transitioning to a fully electric logistics fleet by 2030, in line with the Climate Group’s EV100 initiative.
Currently, 75% of Flipkart's electric fleet operates in Tier-I cities such as Delhi, Bangalore, Hyderabad, and Chennai. In August, Flipkart reported that more than 55% of its grocery orders were being delivered by electric vehicles.
Moreover, during this year's festive season, the company used its EV fleet to handle more than 16% of grocery deliveries to Tier-2+ cities, including Lucknow, Sonipat, Ludhiana, Bhubaneswar, Malda, Hubli, and Vizag, amid a period of high demand.
The strategic implementation of EVs has led to significant operational efficiencies. It has reduced the cost per order at the hub level and increased last-mile delivery speed by 20%, compared to traditional delivery vehicles.
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