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The company with its IP technologies has built a sustainable platform that is optimised for various parameters such as vehicle speeds, customer expectations, willingness and ability to pay thus making it the platform of choice for EV partners.
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Shadowfax Technologies, crowdsourced platform for last-mile deliveries, aimed to move 75 per cent electric vehicles by 2024.
It also aims to transition to 100% electric movement by 2026. This adoption is part of a global effort to make logistics more sustainable with the Zero Pollution Campaign. By introducing this initiative, Shadowfax seeks to transform the industry and introduce a proactive measure to reduce carbon emissions, bringing a new approach to the last-mile logistic space that is environment-friendly.
The company with its IP technologies has built a sustainable platform that is optimised for various parameters such as vehicle speeds, customer expectations, willingness and ability to pay thus making it the platform of choice for EV partners.
It is leading the 2 wheeler market adoption of zero-carbon emission means of last-mile with 30% daily active users of its 100k+ strong crowdsourced platform using cycles, EVs and other eco-friendly means.
Abhishek Bansal, Co-founder & CEO, Shadowfax Technologies, said, "With the EV and E-store initiatives, our target on first-time users and new categories like women partners would be fast-tracked. Additionally, it gives me immense pleasure to be participating in the NITI Aayog project ‘Shoonya- Zero Pollution Mobility,’ which is relentlessly driving the EV agenda.”
“Being an asset lite platform, we have taken an extensive aggregator-centric approach, where we provide matchmaking between vehicle owners, OEMs, rental models, and delivery partners. Since the launch of these matchmaking services on our e-store, we have seen tremendous interest coming from partners. This is due to a very strong and unique value proposition that we have created. More than 50 lenders, OEMs, and vehicle owners have already registered before the official launch of E-store on our app”, added Mr. Ankit Kala, VP - Operations and Strategy, Shadowfax Technologies
Despite its many advantages, the EV space currently faces a lot of challenges - be it the limited support in form of loans from financial institutions for EVs, the still-developing charging infrastructure or lack of trusted cost-effective OEMs.