- The launch will see Yulu, India’s largest EV mobility player, rolling out its shared mobility services across the city
- Its full-stack EV platform will support the UP government’s vision for mainstreaming electric mobility in the state
- Yulu also plans to take the franchise partner route to expand to other cities like Lucknow, Varanasi, and Agra
Delhi, September 3rd, 2024: Yulu, India’s largest shared electric vehicle (EV) mobility technology player, today launched its shared mobility service in Noida, marking a strategic move into one of India’s most dynamic urban markets. To begin with, Yulu’s EVs will facilitate technology-led, sustainable, and affordable hyperlocal deliveries in the city.
This expansion makes Noida the 11th city in Yulu’s rapidly growing nationwide network and the seventh where it has a direct presence after Bengaluru, Mumbai, Navi Mumbai, Delhi, Gurugram and Hyderabad. Yulu is also present through its franchisee initiative, Yulu Business Partner, in Indore, Kochi, Tirunelveli and Pondicherry. The recent launch strengthens Yulu’s presence in Delhi-NCR, where it has offered people, goods, and leisure mobility services since 2019.
Noida’s booming economy, large consumer base and high-tech landscape make it an ideal destination for Yulu’s shared EV services. Known for a prosperous consumer class and thriving quick commerce and food delivery sectors, Noida represents a key market for Yulu’s sustainable hyperlocal delivery solutions.
Commenting on the launch, Amit Gupta, Co-Founder & CEO of Yulu, said, “We are excited to bring Yulu to Noida, a city that embraces technology and innovation. Noida’s infrastructural growth and digital economy make it a perfect fit for our sustainable e-mobility services. The love and goodwill received by Yulu in Delhi and Gurugram in the national capital region make us confident about speedily winning both mindshare and market-share in Noida as well.”
Yulu’s service is aligned with Uttar Pradesh’s EV Manufacturing and Mobility Policy, which encourages fleet operators to electrify last-mile logistics services for various food delivery, e-commerce, and quick commerce platforms in the state.
Gupta added, “Having grown up in Uttar Pradesh, I have personally witnessed the state’s urban transformation as well as its determination to become future-ready by adopting progressive and sustainable solutions. Yulu will not only support the UP government’s efforts to promote greener logistics, but foster an ecosystem of clean, affordable, and accessible mobility. We look forward to empowering gig workers with convenient and cost-effective EV solutions while supporting businesses in their journey toward fleet electrification.”
