On Monday, Yulu, India’s largest shared electric mobility provider, and Bajaj Auto, announced the launch of two new electric 2-wheelers in India. The Miracle GR and DeX GR are next-generation vehicles, designed on a purpose-built platform for Indian consumers, climate, and road conditions.
With a unique form factor, ergonomic design, and tech-powered utility, these electric vehicles offer a superior experience to customers, according to the companies. The vehicles are designed to have higher operational efficiency, which will improve Yulu’s overall financial metrics.
The Yulu-Bajaj partnership is a global first and aims to revolutionize mobility through smart, shared, sustainable, and safe electric vehicles. The partnership will create a new platform for sustainable last-mile mobility and deliveries.
“Our partnership with Bajaj Auto was born out of a common vision, and this launch will further solidify our position as a market leader in the shared mobility space while reinforcing our commitment to sustainably solve the problems of traffic congestion and air pollution for the daily commute and last-mile deliveries,”
said Amit Gupta, Co-founder & CEO of Yulu
The Miracle GR and DeX GR, Yulu’s 3rd generation vehicles, are made in India with world-class quality and are being rolled out by Chetak Technology Ltd, a 100% owned subsidiary of Bajaj Auto. The vehicles are fall-proof and offer OTA support. They are trackable and offer easy manoeuvrability for personal and commercial usage. The company aims to put around 1 lakh electric two-wheelers on the road by Oct 2023.
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Both Miracle GR and DeX GR come with smart dockless EV technology, and the Miracle GR offers a maximum speed of 25 km per hour, while DeX GR gets a goods carrier that can hold up to 15 kg. The vehicles also feature a head and tail light.
Yulu has doubled its fleet in the last three months and aims to put 100K vehicles on the road across major Indian cities. The company is targeting more than 10x growth in revenues by the end of the year.
“These next-generation made-for-India vehicles, with their intelligence, strong engineering underpinnings and sophisticated design aesthetics, are a milestone not just for us, but for the entire electric mobility category.”
S Ravikumar, Chief Business Development Officer, Bajaj Auto LimitedBajaj Auto and Yulu’s joint efforts to introduce new electric 2-wheelers in India align with the country’s push towards sustainable and environmentally friendly transportation.
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The Miracle GR and DeX GR are likely to contribute to reducing air pollution and congestion in India’s cities. These vehicles may also provide an affordable and convenient transportation option for many commuters.
It is worth noting that the successful adoption of electric vehicles in India would require not only the availability of these vehicles but also the development of the necessary charging infrastructure and policies to support their growth.
Overall, this joint venture by Bajaj Auto and Yulu is a positive step towards a cleaner and greener future for India’s transportation sector.
