{"id":148569,"date":"2021-11-24T14:49:40","date_gmt":"2021-11-24T09:19:40","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=148569"},"modified":"2021-11-24T15:22:24","modified_gmt":"2021-11-24T09:52:24","slug":"evs-for-last-mile-delivery-could-boost-indias-e-commerce-sector","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/evs-for-last-mile-delivery-could-boost-indias-e-commerce-sector\/","title":{"rendered":"EVs for last-mile delivery could boost India\u2019s e-commerce sector"},"content":{"rendered":"<p><strong>Source:<\/strong> This post is based on the article \u201c<strong>EVs for last-mile delivery could boost India\u2019s e-commerce sector<\/strong>\u201d published in <b>Live mint<\/b>\u00a0on 24 November 2021.<\/p>\n<p><strong>Syllabus:<\/strong> GS3 \u2013Conservation, environmental pollution and degradation, environmental impact assessment.<\/p>\n<p><strong>Relevance: <\/strong>To understand the new demand for EV&#8217;s for environment-friendly last-mile delivery.<\/p>\n<p><strong>News:<\/strong> Recently, NITI Aayog and around 30 companies, including many e-commerce and logistics firms, launched their <a href=\"#\" data-toggle=\"popover\" title=\"Popover title\" data-content=\"calls for accelerated electrification of last-mile delivery\">Shoonya campaign<\/a>&#8216; that calls for accelerated electrification of last-mile delivery.<\/p>\n<p><strong>Why big private companies are adopting electric vehicles?<\/strong><\/p>\n<p>A r<strong>apid digital adoption<\/strong> across India during the <strong>covid<\/strong> pandemic has pressured companies to expand their last-mile logistics.<\/p>\n<p>A McKinsey analysis stated that as more netizens order online, India requires between 1 million and 1.5 million two-wheelers for delivery, by 2025.<\/p>\n<p>Companies seem to be realizing that electrifying the delivery vehicles could help them cut <strong>fuel and maintenance costs,<\/strong> besides reducing <strong>harmful emissions.<\/strong> 100% electrification of their two-wheeler fleets by 2025 could save close to $1 billion as well as a 1.5-million-tonne reduction in carbon dioxide emissions each year.<\/p>\n<p><strong>What are the challenges?<\/strong><\/p>\n<p>The idea is yet to take off on a larger scale owing to <strong>structural issues<\/strong>, including financing limitations, lack of awareness, and the limited availability of EV models right now.<\/p>\n<p><strong>Insurers lack sufficient data<\/strong> to accurately price risk while providing cover for these vehicles.<\/p>\n<p><strong>What efforts are done to tackle the last-mile delivery issue?<\/strong><\/p>\n<p><strong>Efforts by private players:<\/strong><\/p>\n<p>-The rise of mobility platforms gives companies an option to <strong>lease vehicles<\/strong> instead of purchasing them.<\/p>\n<p><strong>-Newer models<\/strong> of EVs are coming up with features such as higher top speeds, longer ranges, and better tech packages that are ideal for last-mile delivery.<\/p>\n<p><strong>Efforts by Union Government:<\/strong><\/p>\n<p><strong>-FAME-II<\/strong> incentives have been increased from \u20b910,000 per kWh to \u20b915,000 per kWh, to spur demand and supply in this space.<\/p>\n<p>&#8211;<strong>Production Linked Incentive (PLI) scheme<\/strong> for the automotive sector, where around \u20b926,000 crores have been earmarked for 5 years. The initiative could incentivize EV production in the country.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: This post is based on the article \u201cEVs for last-mile delivery could boost India\u2019s e-commerce sector\u201d published in Live mint\u00a0on 24 November 2021. Syllabus: GS3 \u2013Conservation, environmental pollution and degradation, environmental impact assessment. Relevance: To understand the new demand for EV&#8217;s for environment-friendly last-mile delivery. News: Recently, NITI Aayog and around 30 companies, including&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/evs-for-last-mile-delivery-could-boost-indias-e-commerce-sector\/\">Continue reading <span class=\"screen-reader-text\">EVs for last-mile delivery could boost India\u2019s e-commerce sector<\/span><\/a><\/p>\n","protected":false},"author":10335,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[9],"tags":[],"class_list":["post-148569","post","type-post","status-publish","format-standard","hentry","category-public","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1702889884},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/148569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10335"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=148569"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/148569\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=148569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=148569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=148569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}