Yamaha leasing company has announced its entry into New Delhi with two-wheeler Asset Management Services through its India company – Moto Business Service India, a mobility solutions company. The company delivers services for tech startup companies that focus on shared mobility space. Yamaha Motors has invested in New Delhi with Zypp Electric and launched 250 Hero Electric two-wheelers in the capital city.
With a fleet size of 5,000 electric scooters, Zypp is currently present in Delhi-NCR and plans to expand to Mumbai, Bengaluru, Hyderabad, and Pune this year. They are adding 1000-1500 electric vehicles every month with plans to add 1,50,000 EVs to their fleet by 2024. The company has partnered with e-commerce segments across logistics, groceries, food, and pharma sectors such as Zomato, Swiggy, Zepto, Big Basket, Amazon, Flipkart, Myntra, PharmEasy, Jio Mart, Delhivery, and Spencers to make delivery sustainable, attrition free & affordable.
Yamaha India might be working on an electric scooter based on the Yamaha NEO’s especially tailor-made for the Indian market. Yamaha intends to establish a product in the growing e-scooter market in India. The Japanese bike manufacturer will develop the battery and the motor, two of the major components in an electric vehicle, keeping Indian weather conditions in mind. The made-for-India product will also solely depend on locally sourced components.