Contribution Of E-Commerce Food Firms In EV Sales.
The e-commerce industry growth is apparent over the years in India and is inspiring to read about it. This includes e-commerce food firms embracing the developments that technology has to offer. It is expected that E-commerce Food firms will grow by 107% by 2025.
How Is E-commerce
Contributing to an Increase In EV sales?
One of the main reasons for skyrocketing of e-commerce food firms’
profits credit goes to the pandemic hitting the world for a couple of years.
This resulted in people ordering food online. This, in turn, led to the
elaborate delivery system used by the food firms to make use of electric
vehicles to save fuel and money. What the use of EVs in the delivery system did
is increase the sales of EVs over the years.
Food firms have embraced EVs in their delivery system which has proven
beneficial for the boom of EVs as well as the e-commerce food industry. Swiggy,
one of the biggest food firms in India has embraced EVs in their delivery
system. This is mainly because it lowers the running cost of vehicles by up to
40% thereby increase in earnings for the food delivery partners.
If you want are a food firm startup or industry that can make use of
the evolution of EVs, it’s best to know the latest news on the changes in the
industry. You can catch up on the latest news e-commerce
industry has going on in our Insperon Journal. We cater to you with the
latest technology news on Ecommerce, Heathtech, Fintech, Edtech, Foodtech, and
Games.
What The E-commerce
Firms and Surveys Have To Say?
Also, a recent consumer survey shows that consumers support this
transition adopted by e-commerce food firms embracing EVs. Because the shift to
EVs also contributes to a healthier environment with less air pollution.
According to a logistics company executive, e-commerce companies
embracing electric vehicles help in the reduction of their operating costs and
it doesn’t include any cost to the companies.
This has led to increasing in the sales of EVs, two and three-wheelers.
As a result, the sales hit a new high in November. The production of EVs by
leading companies has increased because of the rising demand from e-commerce.
Including the food firms. Major EV companies such as Yulu and Electrev are
increasing the production of EVs. EV companies are doing this as a way to
increase their capacity to deliver on the rise in orders.
India is still on the way to fully adopting EVs. But the full scope of
it will be seen in the near future. Because the tangible results show that the
EV industry has great potential in the near future. According to industry estimates, 80,000 EV
two-wheelers have been added to the delivery system of e-commerce firms. Akash
Gupta, co-founder, and CEO of Zypp Electric had this to say. He said that most
of the EV companies’ focus seems to be on the b2b business. This seems to be
because of the demand for the two-wheelers and three-wheelers. This demand
comes from e-commerce food firms.
Insperon Journal helps you catch on with the e-commerce
news 2022. We are an ideal platform to get the latest updates on
innovations in technology, ecommerce, fintech and much more.
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