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1、Electric Vehicles:Future of Last-Mile Deliveries in IndiaJanuary 2023By Vikram Janakiraman,Natarajan Sankar,Aditya Khandelia and Aditi TiwariBoston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities.BCG wa
2、s the pioneer in business strategy when it was founded in 1963.Today,we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholdersempowering organizations to grow,build sustainable competitive advantage,and drive positive societal impact.Our diverse,global
3、teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change.BCG delivers solutions through leading-edge management consulting,technology and design,and corporate and digital ventures.We work in a uniquely collaborative model across the
4、 firm and throughout all levels of the client organization,fueled by the goal of helping our clients thrive and enabling them to make the world a better place.BOSTON CONSULTING GROUP 1Electric Vehicles:Future of Last-Mile Deliveries in IndiaElectric vehicles(EVs)are fast emerging as the vehicle of c
5、hoice across multiple applications.In particular,the organized last-mile delivery space is playing a pivotal role in driving EV adoption in India,as evident from the multiple Proof of Concepts(POCs)being carried out and ambitious fleet electrification commitments by key players in food,grocery and e
6、-commerce delivery.For instance,Zomato has announced 100%electrification of its fleet by 2030,while Big Basket has announced 70%fleet electrification by 2024.Our analysis shows that last-mile deliveries in these industries will drive over 25%of EV sales by FY25;presenting a significant opportunity f