TheNFAPost Podcast

· Data shows 85% of unemployed underprivileged youth are excluded from the gig economy of food/goods delivery because they do not have a driving license nor can they afford a bike of their own.

· Yulu is empowering these youth by providing affordable lease options of Yulu DEX, the custom-designed Electric 2-Wheeler for “short mile” delivery of food, grocery, and medicine.

· Yulu has partnered with leading food/goods delivery providers to deploy upto 10,000 Yulu DEX across Bangalore, Mumbai, and Delhi.

Bengaluru, NFAPost: Yulu, the country’s largest e-mobility service provider, announces the launch of Yulu DEX, a custom-designed Electric 2-Wheeler for “short mile” delivery of food, grocery, and medicine.

Yulu has partnered with leading food/goods delivery providers to deploy upto 10,000 Yulu DEX across Bangalore, Mumbai, and Delhi in the first phase, by December 2021.

Yulu DEX provides a sustainable and affordable delivery option that addresses the key challenges faced by gig economy workers; rising fuel prices, inability to buy their personal vehicles, and lack of driving license.

Yulu will use its extensive network of Yulu Zones and charging stations (Yulu MAX) to provide seamless service with zero downtime, increasing the earning potential of gig economy workers and improving their economic well-being.

Yulu Bike Cofounder Amit Gupta said in addition to our leadership position in people-mobility, Yulu is excited to expand its services to “short mile delivery” of goods as well.

“With the boom in the online-to-offline economy, the number of gig workers in India has increased, but the majority of them don’t have Driving-License nor can they afford their own vehicles. Yulu Dex, a high-quality purpose-built electric vehicle will empower these gig economy workers by providing an affordable and safe electric vehicle,” said Amit Gupta.

Yulu DEX Specifications :

· Range: 60Km per charge

· Battery: Lithium-Ion

· Max Speed: 25 Kmph

· Driving License not required

· Luggage carrying capacity – 12 KG

· Suitable for delivery of food, grocery, and medicine.

Yulu DEX has been specifically designed to reduce the fatigue of the gig workers with a smooth riding experience and a goods carrier. Yulu DEX is expected to reduce the operating costs of delivery executives by almost 35-40%.

Yulu DEX will also contribute immensely to help reduce the pollution caused by the petrol-driven 2-Wheelers which are currently being used by delivery executives.

For delivery services companies Yulu provides an affordable, scalable, and sustainable delivery option that not only contributes to their bottom line but also helps them meet their ESG goals.

Given that Yulu DEX doesn’t require a driving license the 85% unavailable gig economy workers are now available, thus alleviating the acute shortage of delivery executives, the key challenge faced by delivery services companies.

About Yulu

Yulu is the leading shared micro-mobility service provider using electric two-wheelers to reduce traffic congestion and air pollution in urban India. Yulu’s mission is to create sustainable cities of tomorrow by revolutionizing the way people commute.

Yulu’s technology-driven mobility platform uses IoT, ML, and AI for demand-supply management and efficient operations. Currently, Yulu is present in Bengaluru, New Delhi, and Mumbai. Yulu is committed to building the largest EV ecosystem of India to provide smart, shared, and sustainable mobility solutions for the urban commute

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