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Company updateBusiness Standard

Delhivery signs MoUs to deploy up to 2,000 electric commercial vehicles

Positive+19

GreyOak summary

Delhivery Ltd signed MoUs with Tata Motors, Euler Motors, and Montra Electric to deploy 1,500-2,000 electric commercial vehicles over the next 12-18 months. This initiative aims to increase the electric fleet share from 12-13% to over 50% within two to three years, focusing on intra-city logistics below 200 km daily.

What it affects

  • DelhiveryDELHIVERYPositive +19

    Signed MoUs to deploy 2,000 electric commercial vehicles.Rolling sentiment Positive +34

Source

Read the original at Business Standard

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