Zevo India, an emerging electric vehicle (EV) mobility platform, is rapidly transforming India’s logistics sector with a ₹240 crore investment plan. The company aims to deploy 10,000 EVs by the end of FY2026, strengthening its position in the growing sustainable logistics market. This ambitious expansion includes a diverse fleet of electric two-wheelers, three-wheelers, four-wheelers, and trucks, meeting the varying demands of logistics clients across industries.
Revolutionizing Temperature-Controlled Deliveries with Advanced Refrigeration Technology
In addition to increasing its fleet size, Zevo is investing ₹25 crore to enhance its refrigeration technology for EVs. This innovation will enable temperature-controlled deliveries, improving efficiency in food, pharmaceutical, and perishable goods transportation. The company has already deployed 50 refrigerated vehicles and plans to fulfill an order book of approximately 3,000 vehicles by FY2026. By prioritizing technology-driven logistics solutions, Zevo ensures it meets the growing demand for reliable, eco-friendly delivery services.
Commitment to Sustainability with Solar-Powered Facilities
Zevo India actively promotes sustainability by committing to solar-powered logistics operations. The company plans to power 50% of its facilities with solar energy by the end of FY2025, with a long-term goal of achieving 100% solar-powered new facilities. As part of this initiative, Zevo is currently constructing its first solar-powered charging station in Delhi. It intends to expand similar facilities across major metropolitan areas, further reducing carbon emissions and enhancing operational efficiency.
Financial Growth and Revenue Projections
With aggressive expansion plans, Zevo projects an Annual Recurring Revenue (ARR) of ₹160 crore by FY2026, significantly scaling up from its ₹60 crore target for the current fiscal year. The company has already secured ₹26 crore in two funding rounds and is actively seeking additional funds through equity and debt financing. These investments will accelerate its fleet expansion, technology integration, and infrastructure development, strengthening its competitive edge in the EV logistics market.
Geographical Expansion to New Cities
Currently operating in over 25 cities, Zevo India is aggressively expanding into new markets. The company is targeting cities like Indore, Surat, Nagpur, Patna, Coimbatore, Vijayawada, Nashik, and Visakhapatnam to strengthen its national footprint. This geographical expansion aligns with its vision to make sustainable logistics accessible to businesses across India. Enhancing last-mile delivery efficiency and reducing carbon footprints in urban logistics.
Partnerships with Leading Industry Players
Zevo India collaborates with major industry players to scale its operations and enhance service quality. Its existing client portfolio includes major e-commerce and logistics giants such as Flipkart, Zomato, Blinkit, and Uber. Additionally, the company is in discussions to partner with global logistics leaders like Maersk, Kuehne+Nagel, Mars, Transagile, Shadowfax, and Delhivery. These strategic partnerships will enable Zevo to expand its service offerings. Cater to large-scale supply chain operations, and solidify its position as a key player in EV-powered logistics.
Zevo India’s Role in Shaping the Future of EV Logistics
By combining fleet expansion, advanced technology, sustainable initiatives, and strategic partnerships. Zevo India is poised to revolutionize the EV logistics sector. The company’s focus on innovation, clean energy. And efficiency will play a crucial role in shaping India’s transition toward eco-friendly transportation. As Zevo continues to scale up its operations, it remains committed to delivering efficient, cost-effective. And sustainable logistics solutions, driving growth in India’s electric mobility ecosystem.
