Motovolt Delivers First Batch of M7 E-Scooters To ZEVO, Financed By Revfin

Motovolt Mobility Pvt. Ltd, a top name in India’s electric mobility scene, has just delivered the first 50 M7 electric scooters to ZEVO, thanks to financing from Revfin.

This delivery kicks off an ambitious plan to deploy 5000 e-scooters, aiming to revolutionize last-mile logistics with eco-friendly and efficient transport solutions.

The M7 e-scooters are set to transform ZEVO’s logistics operations, providing a powerful and green option for mid-mile and last-mile deliveries. This collaboration, made possible through a financial deal with Revfin, a digital lending platform specializing in sustainable mobility, demonstrates a joint commitment to boosting EV adoption across India.

Tushar Choudhary, Founder & CEO of Motovolt Mobility, commented, “This partnership with ZEVO and Revfin not only validates our technology but also strengthens our market position, allowing us to reach multiple logistics companies and ultimately drive widespread EV adoption.”

Aditya Singh Ratnu, Founder & CEO of ZEVO, added, “By integrating Motovolt’s cutting-edge e-scooters into our fleet, we are setting new standards in the logistics industry, paving the way for a more sustainable and eco-friendly future in last-mile delivery.”

Sameer Aggarwal, Founder & CEO of Revfin, said, “With this initiative , Revfin is accelerating the adoption of electric mobility solutions in India by partnering with fleet owners and aggregators.”

ZEVO, known for its fleet-as-a-service model, will benefit from the M7’s features including a 166 km range per charge, a lithium iron phosphate (LFP) battery with a 3-year or 60,000 km warranty, and advanced features like an IoT tracker, remote lock-unlock, and anti-theft alarm. This partnership not only enhances ZEVO’s operational efficiency but also cuts down on carbon emissions, supporting sustainability in urban logistics.

As Motovolt works through the remaining orders, this collaboration with ZEVO sets a high standard for future partnerships. It allows Motovolt to serve logistics companies, delivery agents, and finance firms, showcasing the M7’s capabilities to inspire confidence and interest among potential clients and financial partners.

Revfin’s financial services are key in promoting electric three-wheelers by providing affordable financing options to buyers, including small entrepreneurs and fleet operators. This support helps accelerate the adoption of electric vehicles, benefiting both Bajaj Auto and Revfin while fostering financial inclusion.