Delhivery to deploy 1,500 Bajaj electric three-wheelers for last-mile delivery over two years
Logistics major Delhivery is greening its last-mile fleet with nearly 1,500 Bajaj RIKI eCart EVs, starting with 200 units and scaling through 2026-27. The rollout targets smaller cities and pairs with route optimisation to cut delivery costs and emissions.
Delhivery partners with Bajaj Auto to deploy nearly 1,500 RIKI eCart electric three-wheelers for last-mile delivery over two years, starting with 200 units, focusing on smaller cities and integrating with route optimisation systems to cut costs and emissions.
Why this matters
Comes as Delhivery hit 52-week highs with brokerages JM Financial and Motilal Oswal flagging 20-32% upside on 3PL consolidation and FY27 margin gains; EV fleet supports the cost story.
Retail-company signals steady at 3,506 over the last 90 days.