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EVs can plug demand-supply mismatch of Zomato, Swiggy delivery agents

News Snapshot:

India has witnessed a 218 per cent growth in sales of electric vehicles, or EVs, in the last fiscal year. However, high growth rates are typical for sunrise sectors, and EVs captured under 1 per cent of the total sales for FY 2021. While EV adoption climbs steadily in the country, more needs to be done to turbocharge the India growth story in this sector. EVs represent a massive opportunity for various stakeholders. Especially for the large gig economy—characterised by short-term contracts and freelance work—EVs could bring employment opportunities that could foster the empowerment of those economically disadvantaged. For the…

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