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Welectric team up with MoEVing to accelerate implementation of Electric Vehicles

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Welectric team up with MoEVing to accelerate implementation of Electric Vehicles Recently, Electric two-wheeler mobility start-up Welectric said it has united with MoEVing, another start-up operational in the electrification of the logistics sector, to hasten the espousal of electric vehicles in last-mile delivery operations.

Beneath the partnership, Welectric will provide 1,000 electric two-wheelers (e2Ws) on lease with after-sales and maintenance support to MoEVing.

Both Companies state, “To kick off the partnership, Welectric is delivering 60 e2Ws to MoEVing in Bangalore. Both companies plan to scale up this partnership to over 1,000 e2Ws across major cities in India in the next few quarters.”

Welectric Founder and CEO Vikas Jain, states, "This partnership will allow moEVing to grow their business in an asset-light model without worrying about maintenance or aftermarket of their electric 2Ws. Welectric's fast-growing B2B business is helping it forge strong industry partnerships and build expertise around performance and maintenance of e2Ws of different brands.”

"We will hit the 1,000 EV target very soon and hope to sign up for the next 10,000 EVs with Welectric. This asset-light approach helps us scale up the electric mobility transition in the last mile delivery space across the country," said MoEVing Founder & CEO Vikash Mishra.

The company states, “While Welectric focuses on solving finance, maintenance and aftermarket challenges for e2Ws, MoEVing is building a technology platform to accelerate the electrification of the entire logistics space (2W, 3W and 4Ws) through an integrated approach of demand aggregation, supply optimization, and connected charging infrastructure.”

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