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BikeWo Green Tech Limited has signed a Memorandum of Understanding (MoU) with Evify Logitech Private Limited (Evify) to explore the development of a technology and data platform for electric logistics. The partnership will combine data acquisition, hardware, artificial intelligence (AI) and real-world fleet operations.
Under the proposed collaboration, Evify’s app-based logistics and rider data capabilities will be integrated with hardware-enabled data acquisition systems proposed to be developed by BikeWo. The companies will explore applications focused on fleet operations, route efficiency, rider and asset performance, predictive insights and broader logistics intelligence.
The companies will initially undertake technology pilot projects to evaluate data quality, hardware performance, potential use cases and commercial viability. Based on the outcomes, they will explore developing datasets, models, algorithms and other technology-driven solutions for deployment across the wider mobility and logistics ecosystem.
As part of Phase I, the companies plan to deploy around 500 electric vehicles for Evify’s logistics operations. Subject to successful implementation and mutually agreed commercial and operational arrangements, the cumulative deployment could be scaled to approximately 10,000 electric vehicles over the next three years.
Hiten Pal Saklani, CEO, BikeWo Green Tech, said that technology and data are becoming increasingly important for improving the efficiency of large mobility and logistics fleets. He added that the company intends to combine Evify’s app-based operational data with hardware-enabled data acquisition and AI to develop a deeper technology layer for electric logistics.
Devrishi Arora, CEO, Evify Logitech, said the company has built its operations around technology-enabled electric logistics. He added that combining Evify’s operational ecosystem and app-based capabilities with BikeWo’s proposed hardware and data solutions could create new intelligence around fleets, riders and logistics operations.
The final commercial and technical terms related to the technology collaboration and vehicle deployment will be documented separately. The proposed scale-up to approximately 10,000 vehicles will remain subject to the successful implementation of the initial phase, financing availability, vehicle supply and mutually agreed commercial arrangements.
