Flipkart , the e-commerce giant, announced that its delivery fleet now includes 10,000 electric vehicles (EVs). The company plans to fully switch to EVs by 2030 as part of its push for EV adoption.
75% of Flipkart’s EVs in metro cities
According to INC42, Flipkart has been gradually adding EVs to its delivery fleet. The company stated that switching from internal combustion engine vehicles has improved its last-mile delivery speed by 20% and reduced overall logistics costs.
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Currently, 75% of Flipkart’s electric vehicles (EVs) are in metro cities like Delhi, Bengaluru, Hyderabad, and Chennai. To increase EV use in non-metro cities, Flipkart has partnered with Adani Group to set up 38 EV charging sites with 190 chargers in Tier-II cities.
Meanwhile, the e-commerce platform introduced a last-mile aggregator model in Karnataka, Telangana, and Tamil Nadu. This model involves working with EV-focused fleet operators to improve supply chain operations and increase the use of electric vehicles.
“Through our strategic partnership with the Climate Group’s EV100 initiative and collaborations with leading OEMs, EV service providers, charging infrastructure partners, financing bodies, and manpower sourcing agencies, we are well-positioned to achieve a 100% last-mile electric fleet by 2030,” commented Nishant Gupta, Flipkart’s head of sustainability.
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Notably, Amazon India, Flipkart’s competitor, plans to increase its delivery fleet to over 10,000 electric vehicles (EVs) by the end of 2025.
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Furthermore, Flipkart’s logistics arm, Ekart, saw its net loss increase more than five times to INR 1,718.4 crore in the financial year 2023-24, from INR 324.6 crore the previous year. Ekart’s operating revenue dropped 5% to INR 12,115.3 crore in FY24, compared to INR 12,787.4 crore in FY23.
Being major players in the Indian ecommerce market, Flipkart and Amazon are now facing strong competition from quick commerce companies like Blinkit, Zepto, and Swiggy Instamart. To compete, Flipkart recently entered the quick commerce market with the launch of Flipkart Minutes.
