Yulu launched its shared mobility service in Noida on September 2, 2024. This marks the corporate’s eleventh metropolis in its nationwide community and goals to assist technology-led, sustainable, and inexpensive hyperlocal deliveries. The growth is part of Yulu’s technique to strengthen its presence within the Delhi-NCR area and align with Uttar Pradesh’s EV Manufacturing and Mobility Coverage.
Strategic hub for Yulu’s sustainable mobility options
Noida’s financial increase, substantial client base, and quickly advancing tech panorama make it an excellent marketplace for Yulu’s shared EV providers. Recognized for a affluent client class and thriving fast commerce and meals supply sectors, Noida is a key vacation spot for Yulu’s sustainable hyperlocal supply options, the corporate stated in a media launch.
“We’re excited to deliver Yulu to Noida, a metropolis that embraces know-how and innovation. Noida’s infrastructural development and digital economic system make it an ideal match for our sustainable e-mobility providers. The love and goodwill acquired by Yulu in Delhi and Gurugram within the nationwide capital area make us assured about speedily successful each mindshare and market-share in Noida as effectively,” stated Amit Gupta, Co-Founder & CEO of Yulu.
This service aligns with the Uttar Pradesh EV Manufacturing and Mobility Coverage, which inspires fleet operators to affect last-mile logistics providers for numerous meals supply, e-commerce, and fast commerce platforms within the state.
“Having grown up in Uttar Pradesh, I’ve personally witnessed the state’s city transformation in addition to its willpower to turn out to be future-ready by adopting progressive and sustainable options. Yulu is not going to solely assist the UP authorities’s efforts to advertise greener logistics however foster an ecosystem of fresh, inexpensive, and accessible mobility. We sit up for empowering gig employees with handy and cost-effective EV options whereas supporting companies of their journey towards fleet electrification,” Gupta added.
The brand new Yulu Centre in Sector 63, Noida, will function the operational hub for its future growth within the area. Yulu’s vitality wants shall be met by Yuma Power, India’s main technology-powered battery-as-a-service (BaaS) participant.
Empowering gig employees and increasing throughout Uttar Pradesh
Yulu’s presence in Noida will create new job alternatives for gig employees. Its inclusive mobility mannequin is designed to interrupt down limitations for aspiring gig employees, together with ladies, who might lack entry to a automobile or a driving license, the corporate stated.
Even because it scales up its operations inside Noida, Yulu will discover choices to develop its individuals and items mobility providers to different cities within the state, reminiscent of Lucknow, Varanasi, and Agra, via its franchise initiative, Yulu Enterprise Companion.
The growth into Noida is a strategic transfer for Yulu, contemplating the town’s high-tech panorama and affluent client base. The brand new service goals to offer sustainable, inexpensive, and handy mobility options, supporting each particular person gig employees and companies within the area, the corporate added.
