Delhivery Limited (NSE: DELHIVERY, BSE: 543529) has announced a strategic partnership with RIDEV (ANV Web Ventures Pvt Ltd) to accelerate the electrification of its last-mile delivery fleet, marking a significant milestone in its roadmap to scale sustainable logistics operations across India. Under the agreement, 150 high-performance electric vehicles (EVs) will be deployed over the next three months across North East India, Bengaluru, and Hyderabad.
The collaboration introduces a specialized “EV-as-a-Service” leasing model designed to accelerate the transition for Delhivery’s delivery partners. By eliminating high upfront costs and technical barriers, this model ensures that the shift to an electrified last-mile ecosystem is both operationally seamless and financially lucrative for the gig workforce.
Delhivery already operates a substantial EV fleet, having integrated close to 1,000 electric two, three, and four-wheelers in recent years. This partnership signals a move toward a nationwide, systematic replacement of traditional internal combustion engine (ICE) vehicles. The initiative follows a successful pilot in Delhi-NCR and Bengaluru, where the transition to RIDEV’s electric two-wheelers resulted in the reduction of 4,260 Kg of CO2 and lowering daily operational costs for riders by more than 50%.
This initiative is a critical component of Delhivery’s strategy to systematically decarbonize its urban delivery network. Moving beyond isolated pilots, the company is now focusing on the rapid replacement of fossil-fuel-dependent vehicles. Following the current rollout, a phased expansion is planned for major hubs, including Mumbai, Pune, Chennai, and Goa, aiming to eliminate tailpipe emissions and align with India’s PM E-DRIVE objectives for a cleaner transportation future.
“Electrification is a fundamental shift in our approach to last-mile logistics,” said Prashant Gazipur, Senior Vice President of Last Mile Operations at Delhivery. “Our partnership with RIDEV is a transformative step in our journey toward sustainable last-mile operations. By providing our delivery partners with a low-friction entry into electric mobility, we are not only advancing our carbon neutrality goals but also significantly enhancing the economic well-being of our riders through reduced operational overheads,” added Prashant.
“Integrating our tech-backed fleet into Delhivery’s network accelerates the transition to green logistics while simplifying daily work for the gig economy,” said Manish Kumar Jain, Founder, RIDEV. “Our platform allows riders to focus on performance while we manage the complexities of energy and maintenance.”
About Delhivery: Delhivery is India’s largest logistics services provider. The company is a leading provider of logistics services, including e-commerce and express parcel transportation, on-demand logistics, part truck-load (PTL) freight, full-truckload (FTL) freight services, cross-border air express and freight services, warehousing and supply chain solutions, data services, and software, including warehouse management and transportation management systems to over 51,000 clients.
