The micro-mobility segment of the transportation sector is seeing the entry of new players with eco-friendly solutions that not only help to reduce congestion but also offer last and first mile connectivity.
Incorporated in 2017, Yulu is an app-based shared micro-mobility platform offering battery-powered vehicles and pedalled cycles. It launched its operations in January last year and has now expanded to four cities — Bangalore, Pune, Greater Mumbai and Bhubaneswar.
Yulu has a fleet of 8,000 bicycles and 2,000 electric vehicles (EVs) countrywide and plans to go live in five more cities in the next 12 months, including, Delhi-NCR, Hyderabad, Chennai and Calcutta. Its bicycles are called Yulu Move and its lightweight electric two-wheelers are called Yulu Miracle.
“Micro-mobility is a new concept that started two years ago. China initiated short distance commute with its dockless shared bicycle model. Ofo and Mobike captured the market in China with their GPS-enabled bicycles with smart locks,” Amit Gupta, chief executive officer of Yulu, told The Telegraph over the phone.
“Soon Bird with its kick scooters in the US and Yellow in Latin America led the way in micro-mobility in the respective regions. In India, we launched Yulu,” he said.
Yulu Move provides the one-two kilometre mobility solutions, while Yulu Miracle provide 4-5 km connectivity.
Yulu Moves are designed by Yulu and manufactured by PI Cycles in Chennai and Hero Group in Ludhiana. Yulu Miracles, too are designed by Yulu and manufactured by an OEM in China with batteries being sourced from an NCR-based start-up. Yulu Miracles have swappable batteries with a range of 60-65 km on full charge with charging time of 4-4.5 hours and a top speed of 25km.
Source: The Telegraph