leasing company recently announced its entry into the country’s capital - New
Delhi with 2-Wheeler Asset Management Services through its Indian company -
Moto Business Service India (MBSI), a mobility solutions company.
Business Service India Private Limited was established in March 2021 and its
shareholders of the company include Yamaha Motor Co., Ltd, Japan and Yamaha
Motor Biz Partner Co., Ltd, Japan.
provides its services for tech startup companies that focus on shared mobility
space in India. Their first investment in New Delhi is with Zypp Electric with
the launch of 250 Hero Electric two-wheelers in New Delhi. Zypp Electric
provides last-mile delivery service to leading E-commerce segments across
logistics, groceries, food and pharma sectors making delivery sustainable,
attrition free & affordable.
mission is to increase the usage of vehicles on shared/rental platforms, create
employment opportunities, and contribute to improving people’s quality of life
in India. The company aims to generate higher levels of employment for the
Indian youth, empower more women to earn their livelihood and support the
business growth of mobility platforms with a keen focus on maintaining a
cleaner and greener environment in the country, hence the interest in the EV
segment is a key focus area for the company. MBSI will also explore the
opportunities to work with last-mile delivery platforms, especially with the
companies who are keen on deploying EV 2W/3W. The aim is to push a majority of
companies and delivery executives across the country to go electric.
Shiraishi, Managing Director, MBSI says, “We are extremely excited to
officially launch MBSI in New Delhi, by kick-starting our operations with Zypp
Electric. The Indian electric vehicle mobility market is growing in line with
the overall global trend and will see rapid traction and growth for shared
two-wheelers and four-wheelers in the EV segment. We will onboard EV vehicles
across multiple cities and generate employment avenues for the youth of India.
We need to create an evolving ecosystem that can address all challenges and
enable millions of businesses to adopt sustainable modes of transport. We plan
to work with more environment friendly mobility companies in the future and to
transform the overall shared mobility space in India by bringing our financial
and strategic experience from our stakeholders.``
a fleet size of 5,000 electric scooters, Zypp is currently present in Delhi-NCR
and plans to expand to
Bengaluru, Hyderabad, and Pune this year. They are adding 1000-1500 E –
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 ensure last
sustainable mile delivery in India.
are on a mission to build the largest full-stack asset-light, tech-enabled
shared electric mobility (eMaaS) platform that will help in making last-mile
delivery affordable and sustainable. We are delighted to be partnering with
Yamaha group’s company - MBSI. This partnership will provide us with the
feasibility to deploy specification-based custom scooters for our last-mile
delivery requirements with our proprietary IoT Tech support. The confidence in
Zypp’s business model from the Japanese auto giant is a testimony of our
large-scale disruption and will further play a significant role in achieving
zero-emission in last-mile delivery by 2025,” said Zypp Electric Co-Founder
& CEO - Akash Gupta.
Delhi Government has been visionary by introducing a new policy that mandates
logistic companies and aggregators to go 100 % electric by 2025. Electric
vehicle charging stations are being built at a faster pace. Companies will now
aggressively pick up the momentum, to be in line with the new changing policies
and the new electric vehicle wave in India. To promote EV adoption, the Delhi
government has initiated the single-window facility where the consumers, via an
online portal, Switch Delhi, users can get a private EV charging point
installed at their homes, group housing societies, multistorey apartment
complexes, RWAs’ offices and commercial shops through vendors. These stations
will also be installed in all government offices where the general public, in
addition to government employees, will also be able to charge their vehicles.
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