Yulu completes three years journey to emerge as country’s leading e-Mobility service provider.
Yulu was founded in 2017, with a mission to provide sustainable and affordable mobility at scale to solve for the first and last mile connectivity and to address the challenges of air pollution and traffic congestion.
With 10,000 electric vehicles spread across Delhi, Mumbai, Ahmedabad and Bengaluru, Yulu is the country’s largest e-Mobility service provider. Yulu plans to increase its fleet size to 1,00,000 electric two-wheelers by Dec 2021.
Yulu has developed its proprietary IoT driven and highly scalable battery swapping infrastructure along with in-house vehicle design to accelerate the adoption of e-Mobility in the country.
Over the last 3 years, 2.5 million Yulu riders have covered 27 million kilometres and saved 2.3 billion grams of carbon emission.
Amit Gupta, Co-Founder & CEO, YULU, said, “It has been a momentous journey full of challenges and opportunities, with a truly rewarding outcome. We are extremely grateful to our millions of users who have wholeheartedly embraced e-Mobility as their daily commute option.
“We were fortunate to attract investors who believed in our vision and supported us through this challenging journey.
“The ongoing corona crisis has provided us with the opportunity to offer sanitised commute option to our users who were stranded in absence of any other mode of public transport. We are privileged to be able to serve our users in this hour of need.
“We are committed to transforming the way people commute in India, working closely with the cities, corporates, and citizens,” Gupta said.
YULU has established strategic partnerships with city authorities, business/tech parks, public transportation entities such as Delhi & Bengaluru Metro and the vehicle manufacturer of global repute, Bajaj Auto Limited to provide integrated and efficient mobility solution.