Shadowfax Technologies eyeing75% EVs in its fleet count by 2024

Shadowfax Technologies, a Bengaluru-based delivery startup, on Monday said it will be converting 75% of its delivery fleet to electric by 2024.

The platform claims it is leading the two-wheeler adoption in the zero-emission space.

The company is also looking to transition to 100% electric movement by 2026. 

According to government data, urban freight vehicles account for 10% of freight transportation-related CO2 emissions in India, and these emissions are expected to grow by 114% by 2030. Industry analysts reckon that EVs emit no tailpipe emissions, which can contribute immensely to improved air quality. 

Abhishek Bansal, Co-founder & CEO, Shadowfax Technologies, said, “Our team is streamlining the whole process so that people can earn within minutes of logging into the platform. With the EV and E-store initiatives, our target on first-time users and new categories like women partners would be fast-tracked.”

He also revealed that the company would be participating in the NITI Aayog project ‘Shoonya — Zero Pollution Mobility,’ which is driving the EV agenda. 

NITI Aayog, in association with Rocky Mountain Institute (RMI), had rolled out a campaign called Shoonya — to promote zero-pollution delivery vehicles by working with consumers and industries. The campaign aims to accelerate the adoption of EVs in the urban deliveries segment and create consumer awareness about the benefits of zero-pollution delivery. 

While Industry stakeholders such as e-commerce companies, fleet aggregators, original equipment manufacturers (OEMs) and logistics companies have accelerated their efforts towards final-mile delivery electrification, nearly 30 companies including Mahindra Electric, Tata Motors, Zomato, Sun Mobility, Lightning Logistics, Big Basket, Bluedart, Hero Electric, and Swiggy expressed their support for the campaign.