Hindustan Times (Ranchi)

Gogoro, Zomato, Kotak Mahindra join hands to boost EV adoption

- Press Trust of India feedback@livemint.com

Taiwan-based battery swapping firm Gogoro Inc on Tuesday said it has joined hands with Zomato and Kotak Mahindra Prime to promote fast adoption of electric mobility in the last-mile transporta­tion segment.

As per the partnershi­p, the companies will offer last-mile delivery partners associated with Zomato affordable loan terms and battery swapping services.

“The urban transforma­tion to electric transporta­tion in India’s cities has begun and it is essential that we provide delivery partners with an accessible path to own and leverage the benefits that smart electric two-wheeler vehicles and battery swapping offer.

“Gogoro, Zomato and Kotak are partnering to make this a reality,” Gogoro Founder and chief executive officer Horace Luke said in a statement.

Zomato currently has over 3 lakh delivery partners in the country.

“Electric two-wheelers powered by affordable, reliable, and accessible battery swapping solutions can positively impact delivery partner pay-outs, apart from reducing air pollution. That’s why we’re excited to partner with Gogoro and Kotak on this endeavour,” Zomato Food Delivery chief operating officer Mohit Sardana stated.

Kotak Mahindra Prime, the vehicle leasing division of Kotak Mahindra Bank, will provide accessible loan terms as part of the tie-up.

Earlier, electric vehicles energy infrastruc­ture and services provider SUN Mobility said it has entered into a partnershi­p with Zomato to power 50,000 electric two-wheelers of the latter’s fleet over the next two years. Through this associatio­n, the last-mile delivery partners onboarded on Zomato’s platform will benefit from convenient and cost-effective battery swapping solutions for their electric two-wheelers, the company said in a statement.

 ?? REUTERS ?? The companies will offer last-mile Zomato delivery partners with affordable loan terms and battery swapping services.
REUTERS The companies will offer last-mile Zomato delivery partners with affordable loan terms and battery swapping services.

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