Ankit Sharma

A Comprehensive Growth Analysis of Zypp Electric Zypp Electric, a leading last-mile delivery fleet management company, jumped into the EV-based ecosystem when electric vehicles were not the talk of the town. In 2017, Akash Gupta and Rashi Agarwal started the electric scooter provider business with the aim to help India embrace sustainable mobility and curb pollution. Vision and Mission ✅ Vision: To reduce the problem of pollution & climate change with sustainability at the core, solving the last mile first in India and then extending the EV-as-a-Service solution to the world.les (EVs) and extending this solution globally. List your business on All India EV exclusive business directory… (click here) ✅ Mission: They are on a mission of zero-emission where we wish to accelerate last-mile delivery to go 100% sustainable with EVs by 2028 while making it efficient, affordable, intelligent, and reliable. Services ✅ Zypp Electric offers electric scooters and three-wheelers for last-mile delivery and rental services. (You can now subscribe to our All India EV WhatsApp channel) ✅ Their services include micromobility for all, dedicated EV deliveries, and three-wheeler cargo vehicles. Impact and Reach ✅ Deployed over 20,000 e-scooters across India. ✅ Facilitated over 45 million shipment deliveries via electric vehicles, reducing 29 million kilograms of carbon emissions. Current Presence ✅ Cities: Operating in six cities including Delhi NCR and Bangalore. ✅ Fleet Size: Over 20,000 vehicles enabling 3.5 million+ deliveries monthly. ✅ Riders: Approximately 19,000+ active riders. Expansion Plan ✅ Fleet Growth: Adding 100,000 vehicles within the next 18 months, targeting 200,000 vehicles by 2026. Diversify into the three-wheeler cargo business. Funding Zypp Electric Investors ✅ 100Unicorn ✅ Anthill Venture ✅ Nanavati Family Office ✅ Riso Capital ✅ Ventures Catalysts ✅ Tarun Saraf ✅ Arjun Seth ✅ Lets Ventures ✅ Goodyear Ventures ✅ Ivy Growth Associates ✅ We Founder Circle ✅ Dholakiya Ventures ✅ IAN Fund Join our LinkedIn Community ✅ Rahul Khera ✅ Mark Joseph ✅ Northen Arc ✅ Gogoro ✅ Indian Angel Network ✅ Grip Invest Investments by Zypp Electric Zypp Electric has invested in TSAW on May 25, 2022 . This investment – Seed Round – TSAW – was valued at. ₹25M. Growth Metrics ✅ Achieved a threefold increase in revenue in FY24 (396% CAGR compared to previous years). ✅ Fleet Expansion: Current: 20,000+ vehicles; Target by 2026: 200,000 vehicles ✅ Revenue Growth: FY21: Rs 25 crore; FY23: Rs 125 crore (5x increase) ✅ Rider Growth: Current: 19,000+ rides. Growth Drivers ✅ Partnerships: Collaborations with Blue Dart, Ecom Express, DTDC, Zomato, Swiggy, Gogoro, and Lectrix. ✅ Sustainability: Significant emission reductions; 2,000+ gig workers employed monthly. ✅ Technology: AI/ML, IoT, advanced analytics, full-stack SaaS platform for real-time optimization. Click here for more such informative insights ✅ Urban Logistics: Growing demand for last-mile delivery; expanding to new cities like Hyderabad, Pune, and Chennai. Growth Challenges: ✅ Infrastructure: Need for extensive charging and battery-swapping networks; high initial costs. ✅ Competition: Rising competition from other EV and logistic service providers. ✅ Regulations: Navigating regulatory changes and compliance requirements. ✅ Financial Sustainability: Ensuring funding for rapid expansion while maintaining profitability. Growth Opportunities ✅ Fleet and Market Expansion: Targeting 100,000 additional vehicles in 18 months; expanding to new cities. ✅ Battery-Swapping: Scaling up stations; improving battery technology. ✅ Technological Advancements: Integrating advanced AI/ML and IoT solutions; developing new features. ✅ Sustainability Initiatives: Reducing carbon emissions; participating in clean energy initiatives. ✅ Partnerships: New collaborations with technology providers and logistic companies; supporting early-stage startups through the EVolve Innovation Challenge. ✅ Their partners like Amazon, Zomato, Uber, Rapido, Messo, Blikit, Zepto, Uber, Shree Maruti, Haldiram, Pidge Igp, Swiggy, Bludart, Bigbasket, DHL, Delhivery, Flipkart, Licious, Porter, Rapido, Zomato, Swiggy etc. Conclusion By focusing on these growth metrics, drivers, challenges, and opportunities, along with a solid current presence and ambitious expansion plan, Zypp Electric is well-positioned to lead the transformation of India’s last-mile mobility sector with sustainable and technologically advanced solutions.

How to Increase the Battery Life of Your EV: A DIY Guide Electric vehicles are becoming increasingly popular due to their eco-friendliness and cost savings. However, the battery is the heart of any EV, and maximizing its lifespan is key to maintaining the vehicle’s performance and reducing costs. This guide provides practical, easy-to-follow tips for EV owners to extend their battery life. Here are some tips for you to increase your EV Battery Life… Minimize Exposure to Extreme Temperatures Extreme temperatures, both hot and cold, can significantly affect the battery’s performance and lifespan. ▶️ Hot WeatherPark in the Shade: Parking in a shaded area reduces the battery’s exposure to heat.Use a Garage: Whenever possible, use a garage to keep your EV coolPlug-In: If you have to park in a hot area, plug in your EV. This allows the thermal management system to operate without draining the battery. ▶️ Cold WeatherPrecondition Your Car: While it is still plugged in, precondition it to warm up the battery. This helps maintain efficiency and reduces stress on the battery. Maintain Optimal Charging Levels Keeping your battery charge between 20% and 80% can significantly prolong its life. ▶️ Daily UseAvoid 100% Charge: Charging to 100% is generally unnecessary for daily use and can stress the battery.Charge to 80%: Aim to keep your battery charge around 80% for routine use. ▶️ Storage50% Charge for turn-off: If you plan to keep your EV turn-off or idle for an extended period, charge the battery to about 50% to avoid stress and degradation. Avoid Deep Discharges Allowing your battery to drop below 10% charge can cause long-term damage.Recharge at 20-30%: To maintain battery health, recharge your EV when the battery level is around 20-30%. Limit Fast Charging Frequent use of fast charging can degrade battery health over time.Use Sparingly: Reserve fast charging for situations where it’s essential, such as during long trips. Practice Smooth Driving Aggressive driving can lead to faster battery depletion.Smooth Acceleration: Accelerate smoothly and maintain a constant speed to conserve battery life and enhance overall efficiency. Utilize Regenerative Braking This feature helps recover energy during braking and extends the range.Use Regenerative Braking: Whenever possible, use regenerative braking to improve energy efficiency and battery longevity. Follow Manufacturer Guidelines Each EV model has specific guidelines for battery maintenance.Consult the Manual: Regularly check your owner’s manual for the best practices and ensure you are following the manufacturer’s recommendations for battery care. Stay Updated with the Software Manufacturers often release software updates to improve battery management and efficiency.Update Regularly: Ensure your EV is always running the latest software to benefit from improvements in battery management and efficiency. What Not to Do Certain practices can significantly harm your EV battery and should be avoided. ▶️ Don’t Frequently Use Fast ChargingReason: While convenient, fast charging can generate excessive heat, leading to battery degradation over time. ▶️ Don’t Let Your Battery Completely DischargeReason: Deep discharges can permanently damage the battery cells, reducing overall capacity. ▶️ Don’t Expose Your EV to Extreme Temperatures for Extended PeriodsReason: Prolonged exposure to very high or low temperatures can degrade battery materials and reduce performance. ▶️ Don’t Charge to 100% RegularlyReason: Constantly charging to full capacity can stress the battery, shortening its lifespan. ▶️ Don’t Ignore Manufacturer RecommendationsReason: Each EV model has specific maintenance needs and software updates that optimize battery health and performance. Conclusion Proper battery care is essential for maximizing the lifespan and performance of your electric vehicle. By following these simple DIY tips, you can ensure that your EV remains efficient, cost-effective, and environmentally friendly for years to come. Remember, adopting these practices not only benefits your vehicle but also contributes to a sustainable future. Happy driving!

BloombergNEF Electric Vehicle Outlook 2024: Key Insights and Future Trends The BloombergNEF Electric Vehicle Outlook 2024 report provides an in-depth analysis of the current state and future projections of the electric vehicle (EV) market. This comprehensive summary highlights key findings from the report, exploring global market trends, policy impacts, technological advancements, and regional adoption differences. By synthesizing these insights, this article aims to inform readers about the critical factors shaping the future of electric mobility and the challenges and opportunities that lie ahead. Summary of BloombergNEF Electric Vehicle Outlook 2024 1. Global EV Market Overview The 2024 outlook reveals varying paces of electric vehicle (EV) market growth worldwide. While global EV sales continue to rise, some markets are experiencing slowdowns. Developing economies, such as Thailand, India, Turkey, and Brazil, are seeing record sales due to low-cost models. Chinese automakers are expanding rapidly into new markets, driven by the need to find new buyers. Geopolitical tensions and protectionist measures, such as tariffs and efforts to onshore manufacturing, are impacting the pace of global EV adoption. 2. Policy and Market Dynamics Policy support for EVs has become less certain, with several European countries reducing subsidies earlier than planned. This has led to a slowdown in sales and prompted calls to relax both near-term CO2 targets and the long-term plan to phase out internal combustion vehicles. In the US, progress will hinge on the outcome of the presidential election, while China remains a leader, having reached a point of consumer-driven EV sales growth. The report highlights the importance of long-term goals to achieve net-zero emissions in road transport. 3. Technological Advancements and Cost Trends Advances in battery technology have driven down costs significantly, with prices dropping by 90% over the past decade. This trend is expected to continue, benefiting automakers and buyers but posing challenges for new entrants to the battery industry. Several next-generation battery technologies are nearing commercialization, promising further improvements in efficiency and cost. The introduction of lower-cost EV models is expected to drive increased adoption in the coming years. 4. Commercial Vehicles and Buses The commercial vehicle segment, including vans, trucks, and buses, is rapidly electrifying, particularly in China, South Korea, and Europe. Electric heavy trucks are expected to become economically viable for most use cases by 2030. Municipal buses are on track to exceed 60% electrification by that year, with electric light-duty delivery vans and trucks also seeing significant growth. The adoption of zero-emission powertrains is driven by both economic viability and new environmental policies. 5. Global Passenger Vehicle Outlook Despite a slowdown in growth rates, global passenger EV sales are expected to rise from 13.9 million in 2023 to over 30 million in 2027. By 2030, EVs are projected to account for 45% of global passenger vehicle sales. However, less than 50% of the global passenger-vehicle fleet is expected to be electric by 2040. The disparity in adoption rates between different regions underscores the need for continued policy support and technological advancement. 6. Impact on Oil and Electricity Demand The increase in EVs and fuel-cell vehicles will displace significant oil demand, with road fuel demand peaking by 2027. By 2050, a fully electric global fleet could consume twice the amount of electricity the US did in 2023. This shift requires substantial investment in charging infrastructure and grid upgrades to accommodate the increased demand. Smart charging and variable pricing mechanisms will be essential to manage this demand effectively. 7. Battery Supply Chain and Material Demand Large investments are needed across the battery supply chain. Annual lithium-battery demand is expected to reach 5.9 terawatt-hours by 2035. Over-investment in battery-cell manufacturing capacity is a concern, particularly in China, where planned capacity far exceeds demand. Recycling and new extraction technologies will be crucial to meet future material needs sustainably. The shift towards lithium-iron-phosphate (LFP) batteries is reducing the demand for metals like nickel and manganese. 8. Regional Adoption and Market Differences The EV adoption trajectory varies by region, with China and Europe leading the way. Emerging economies like Brazil and India are set to experience significant growth. However, regions like Southeast Asia, India, and Brazil will still be below the global average adoption by 2040 without stronger regulatory pushes. The report emphasizes the need for a stronger regulatory push in these regions to bridge the gap with more developed EV markets. 9. Technological Innovations and Competitive Pricing Lithium-iron-phosphate (LFP) batteries are gaining market share due to improvements in technology and competitive pricing, reducing the demand for metals like nickel and manganese. China’s dominance in low-cost battery production is driving global price reductions, posing challenges for international markets to compete. The report discusses the impact of China’s low-cost battery push on the global market and highlights the benefits and challenges associated with this trend. 10. Future Outlook and Scenarios BloombergNEF provides two scenarios for the future of road transport: the Economic Transition Scenario and the Net Zero Scenario. The former describes expected trends based on current technological and economic conditions, while the latter outlines a path to achieving a zero-emission global road fleet by 2050. Both scenarios emphasize the need for sustained policy support and technological innovation to achieve long-term climate goals. The Economic Transition Scenario projects significant growth in EV sales, while the Net Zero Scenario requires more aggressive policy interventions to achieve a completely zero-emission vehicle fleet by 2050. 11. Electrification of Two- and Three-Wheeled Vehicles Electrification is advancing rapidly in the two- and three-wheeled vehicle segments, particularly in emerging economies. Electric two-wheelers are set to reach 90% of global sales by 2040, while three-wheelers are already on track to achieve a zero-emission fleet by 2050. These segments are crucial for reducing emissions in densely populated urban areas where such vehicles are predominantly used. 12. Shared Mobility and Connectivity Shared mobility solutions, vehicle connectivity, and autonomous driving technologies are expected to reshape automotive and freight markets. These innovations will complement the electrification of transport, offering additional benefits such as reduced traffic congestion and lower emissions. 13. Plug-In Hybrid Vehicles (PHEVs)