Yulu Starts Operations In Hyderabad - Its Ninth City

A shared electric vehicle (EV) mobility technology firm, Yulu has started its services in Hyderabad, Telangana. The rollout will see Yulu introducing its purpose-built shared EVs on city roads for the first time. 

To start with, Yulu will deploy its purpose-built DeX EVs in the Cyberabad Commissionerate area — a knowledge and technology hub comparable to the nation’s finest industrial centres. Having powered more than 110 million green deliveries to date, Yulu has gained immense popularity due to its excellent product-market fit for e-commerce and quick-commerce applications.

In Hyderabad, Yulu will seek to replicate the success it has achieved in other markets. As a cosmopolitan city with rising income levels and technology-savvy residents, Hyderabad is known for its infrastructure, corporate parks and tech hubs like HITEC City, as well as its high liveability factor. Rising consumption and the emergence of new-age industries in the city have catalysed its quick-commerce and food delivery industries. According to the company, all these factors make it an ideal market for Yulu’s green and app-based hyperlocal delivery solutions.

Yulu’s service is also aligned with the State Government's aim to provide comprehensive intra-city mobility infrastructure and sustainably develop its metropolitan area under the upcoming Hyderabad Master Plan.

“By unlocking EVs for last-mile delivery and creating several new gig work jobs in Hyderabad and its surrounding areas, Yulu looks forward to partnering with the State to create a vibrant and inclusive economy,” said Amit Gupta, Co-Founder and CEO of Yulu. 

For delivery riders, Yulu’s simplified and smart technology, compact and traffic-friendly form factor and affordable and flexible rental packs make it the ideal mobility partner that allows them to deliver more and earn more. Riders also get several additional benefits, such as zero maintenance and minimal downtime, due to assured battery availability and one-minute swaps at the battery swap stations of Yuma Energy, an associate of Yulu that provides Battery-as-a-Service (BaaS). 

Yulu’s inclusive service also eliminates entry barriers for aspiring gig workers — including women — who are constrained by the lack of a driver's licence or vehicle, high vehicle down-payments, and fuel costs.