Yulu Launches Service in Hyderabad, Telangana
Yulu brings its popular shared EV service to Hyderabad, aiming to provide affordable, accessible, and green last-mile delivery solutions. The launch aligns with Telangana's sustainable development goals.
By Mohit Kumar
Jul 22, 2024 01:07 pm IST
Published On
Jul 22, 2024 11:17 am IST
Last Updated On
Jul 22, 2024 01:07 pm IST
Yulu, India's largest shared electric vehicle (EV) mobility technology firm, today launched its service in Hyderabad, Telangana. The rollout will see Yulu introducing its purpose-built shared EVs on city roads for the first time. The service was inaugurated by Mr. Jayesh Ranjan (IAS), Special Chief Secretary of Information Technology and Industries & Commerce, Government of Telangana. The launch event also featured a vibrant EV rally by city-based delivery partners working for Swiggy, Blinkit, Zepto, and other brands.
Milestone for Clean and Shared Mobility
Yulu’s entry into the City of Pearls marks a significant milestone in its mission to revolutionize clean and shared mobility in urban India. Initially, Yulu will deploy its purpose-built DeX EVs in the Cyberabad Commissionerate area, a knowledge and technology hub comparable to the nation’s finest industrial centres.
Yulu is already a beloved shared EV brand in Bengaluru, Mumbai, Navi Mumbai, Delhi, Gurugram, Indore, Kochi, and Tirunelveli. With over 110 million green deliveries to date, Yulu has gained immense popularity due to its excellent product-market fit for e-commerce and quick-commerce applications, its cutting-edge technology, and its industry-first flexible pricing model that enables 30-40% more savings for delivery partners.
Replicating Success in Hyderabad
In Hyderabad, Yulu aims to replicate the success it has achieved in other markets. Known for its excellent infrastructure, corporate parks, and tech hubs like HITEC City, Hyderabad is a cosmopolitan city with rising income levels and technology-savvy residents. The city’s rising consumption and the emergence of new-age industries have catalyzed its quick-commerce and food delivery industries, making it an ideal market for Yulu’s green and app-based hyperlocal delivery solutions.
Alignment with State Government Goals
Yulu’s service aligns with the State Government's aim to provide comprehensive intra-city mobility infrastructure and sustainably develop its metropolitan area under the upcoming Hyderabad Master Plan. Mr. Jayesh Ranjan (IAS) commented, "The Government of Telangana is dedicated to advancing the electric vehicle sector. Hyderabad, with its young and tech-savvy population, serves as an ideal environment for the adoption of innovative technologies and business models in the electric mobility space. We are pleased to welcome pioneering mobility-as-a-service companies like Yulu to the city's shared mobility landscape."
Statement from Yulu’s Co-Founder and CEO
“Yulu is delighted to launch its service in Hyderabad, an economic and business powerhouse whose citizens share a love for technology-led solutions for everyday life,” says Amit Gupta, Co-Founder and CEO of Yulu. He adds, "As Hyderabad emerges as a beacon of sustainable urban development, Yulu will champion affordable and zero-emission solutions for last-mile mobility that improve residents’ quality of life and empower delivery workers, brands, and consumers. By unlocking EVs for last-mile delivery and creating several new gig work jobs in Hyderabad and its surrounding areas, Yulu looks forward to partnering with the State to create a vibrant and inclusive economy."
Benefits for Delivery Riders
For delivery riders, Yulu’s simplified and smart technology, compact and traffic-friendly form factor, and affordable and flexible rental packs make it the ideal mobility partner that allows them to deliver more and earn more. Riders also get several additional benefits, such as zero maintenance and minimal downtime, thanks to assured battery availability and one-minute swaps at the battery swap stations of Yuma Energy, an associate of Yulu that provides Battery-as-a-Service (BaaS).
Yulu’s inclusive service eliminates entry barriers for aspiring gig workers — including women — who are constrained by the lack of a driver's license or vehicle, high vehicle down-payments, and fuel costs.
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