Delhivery Limited (DELHIVERY) — Announcement

· NSE Neutral
📢 Key Event
Delhivery and Bajaj Auto partner to electrify last-mile fleet with 200 eCarts
🔄 What Changed
First phase of 200 electric three-wheelers deployed; expansion to 1500 units planned for 2026-2027
🔮 What's Next
Phase 2 planned for 2026-2027 with approximately 1500 Bajaj electric three-wheelers
💡 Investor Takeaway
This partnership enhances delivery partner earnings and safety while advancing Delhivery's ESG goals through electric fleet adoption.

Delhivery and Bajaj Auto announced a partnership to deploy 200 Bajaj RIKI eCarts for last-mile delivery across Tier-2 and Tier-3 cities, with plans to expand to 1500 electric three-wheelers by 2027, aiming to boost rider earnings, safety, and operational efficiency through electrified logistics and advanced route optimization.

📄 View Original Announcement (PDF)

About Delhivery Limited (DELHIVERY)

Services · Transport Services · Listed on NSE

Market Cap: ₹35,620.24 Cr P/E: 1640.5

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