TenderTiger

Private Sector | Multi State - India | PID: 194336
The electric vehicle startup Zypp is planning to set up 5,000 battery-swapping stations for two-wheelers and three-wheelers across the nation over the next three years

The last-mile delivery company, now operational in six cities, has set up 50 battery-swapping stations across Delhi NCR and Jaipur

In 2021, the company will expand to 30 cities including Mumbai, Pune, Hyderabad, Chennai, Bengaluru, Chandigarh, Lucknow, Meerut, Indore, Bhopal and several other Tier-2 cities

The Gurugram-based startup will be investing Rs 50 crore over the defined time in setting up these stations. A two-wheeler battery-swapping and charging station will cost Rs one lakh to the company

The company, which works with 350 business-to-business (B2B) merchants to carry out last-mile deliveries for them, currently has about 1,000 electric scooters on its platform

| Updated on: 23 - Jan - 2021
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