How e-commerHow e-commerce, food-delivery firms are driving EV salesce, food-delivery firms are driving EV sales
Electric two and three-wheeler sales, which hit yet another high in November, are being driven primarily by logistics fleet operators that are ramping up their fleet to meet rising demand from ecommerce and food delivery firms, industry officials said.
For Hero Electric, which claims to be the market leader in the business-to-business (B2B) segment, sales to ecommerce logistics operators now account for 23% of its total sales, up from 14% a year ago, company CEO Sohinder Gill told ET.