ZEVO eyes first-mile and mid-mile delivery after conquering last-mile EV logistics

Quick Summary:

The startup recently clocked in Rs 60 crore in annual recurring revenue, and is targeting Rs 300 crore in ARR by the next financial year.

Trials for these vehicles, running between 400-900 kilometers, have already begun.“Our focus for this year and the next year will be last mile and mid mile deliveries,” Ratna says.

The company has also set up hubs in between standard routes and have tied up with charging infrastructure players in case the vehicle has to charge while en-route to locations.

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Article Details

Author / Journalist: Sai Keerthi

Category: StartupsEconomyBusiness

Markets: IndiaJapan

Topics: First Vehicles Infrastructure Ratna Zevo Year Electric Delivery Company Mile Charging

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-21 @ 01:30:00 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 1281 words

Reading Time: 8 minutes read

Sentences: 65 lines

Sentence Length: 20 words per sentence (average)

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Copyright Owner: © YourStory

News ID: 25303866

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