Bengaluru-based Drivezy partners with Yamaha to launch an electric scooter in India

Must Read

Jharkhand polls for 81 constituencies from November 30 to December 20; counting on 23rd December

Addressing a press meeting today, Chief Election Commissioner Sunil Arora has announced the poll dates for Jharkhand Legislative assembly....

Congress forms six-member committee of AICC to review situation of NRC in Assam

In a bid to review the condition of Assam state after the implementation of the NRC exercise, Congress party...

Shiv Sena elects Eknath Shinde as party’s legislative leader; Sunil Prabhu appointed as chief whip of party

In a striking breakthrough, Shiv Sena elected senior minister Eknath Shinde as the party's legislative leader today. It has...

Drivezy, a Bengaluru-based vehicle rental company has partnered with Yamaha Motor Co, Japanese bike manufacturer, to launch new electric scooter ‘EC-05’ in India in early November 2019, cited Inc42.

The EC-05 was launched recently in Taiwan and could reportedly be available in India as early as November. It is made with the collaboration of Yamaha and Taiwan’s Gogoro Inc. While, the vehicle is designed entirely by Yamaha, it is built using Gogoro’s production vehicle platform.

“We are setting up a separate electrics subsidiary and will raise about $20 Mn to $25 Mn for it,” Ashwarya Pratap Singh, CEO at Drivezy said.

Drivezy was founded in April 2015 by Ashwarya Pratap SinghHemant Sah, Amit Sahu. The company went by the name Justride and served as an aggregator in the carsharing space. However, the company underwent a rebranding and shifted focus to the marketplace model.

The platform also offers rentals for cars and two-wheelers to customers, while car owners can list their vehicles on Drivezy’s platform for customers to select for rentals.

Some of the emerging vehicle rental startups in India includes ZoomcarRevySelfDriveU DriveLetmedriveDriveMate, MiCar and many more.


Please enter your comment!
Please enter your name here

- Advertisement -

Latest News

UN chief appoints new head for Asia, Pacific bureau at UNDP

United Nations, Nov 19 (IANS) UN Secretary-General Antonio Guterres has appointed Kanni Wignaraja of Sri Lanka as the new...

US Supreme Court puts hold on Trump’s financial records ruling

Washington, Nov 19 (IANS) US Chief Justice John Roberts said that the Supreme Court has issued a temporary stay of a federal appeals court...

Three killed in Oklahoma Walmart shooting (Lead)

Houston, Nov 19 (IANS) Three people including the suspected gunman, were killed in a shooting outside a Walmart store in Duncan, midwestern US state...

Trump says he may testify in impeachment probe

Washington, Nov 19 (IANS) US President Donald Trump has said he may take up an offer by congressional Democrats to testify in the House...

248 in fray for Karnataka by-polls

Bengaluru, Nov 19 (IANS) As many as 248 candidates, including 128 independents are in the fray for the 15 assembly by-elections in Karnataka on...
- Advertisement -

More Articles Like This