Evify Logitech, BikeWo Partner to Develop AI and Data Platform for Electric Logistics

Evify Logitech MoU BikeWo

Mumbai: BikeWo Green Tech Limited (“BikeWo”) has signed a Memorandum of Understanding (MoU) with Evify Logitech Private Limited (“Evify”) to jointly explore the development of a technology and data platform for electric logistics, combining data acquisition, hardware, artificial intelligence and real-world fleet operations.

The proposed collaboration between BikeWo and Evify Logitech aims to combine Evify’s app-based logistics and rider data capabilities with hardware-enabled data acquisition capabilities proposed to be developed and deployed by BikeWo.

The companies intend to leverage the resulting data layer with processing and artificial intelligence capabilities to develop applications across fleet operations, route efficiency, rider and asset performance, predictive insights and broader logistics intelligence.

Under the proposed collaboration, BikeWo and Evify Logitech plan to undertake technology pilots to validate data quality, hardware performance, use cases and commercial viability.

Over time, the collaboration is intended to explore the development of datasets, models, algorithms and other technology-led solutions that can potentially be deployed across the broader mobility and logistics ecosystem.

BikeWo, Evify Logitech Plan Initial Deployment of 500 Electric Vehicles

As part of the collaboration, BikeWo and Evify Logitech also intend to proceed with an initial Phase I deployment targeting approximately 500 electric vehicles for Evify’s logistics operations.

Subject to the successful implementation of Phase I and mutually agreed commercial and operational arrangements, the companies envisage the potential to scale cumulative deployment to approximately 10,000 electric vehicles over the next three years.

The combination of technology development and fleet deployment is intended to provide BikeWo and Evify Logitech with a real-world operating environment to develop, test and progressively scale data-led solutions across electric logistics.

The MoU is aligned with BikeWo’s broader strategy of building an integrated mobility and logistics platform, with technology and data intelligence forming an important layer connecting vehicles, fleets and logistics operations.

Commenting on the development, Hiten Pal Saklani, Chief Executive Officer of BikeWo Green Tech Limited, said: “Technology and data will increasingly determine how efficiently large mobility and logistics fleets are operated.

Through our collaboration with Evify Logitech, we intend to combine app-based operational data with hardware-enabled data acquisition and artificial intelligence to develop a deeper technology layer for logistics.

The proposed vehicle deployment gives us a real-world environment in which these capabilities can be developed and scaled.”

The collaboration between BikeWo and Evify Logitech is focused on combining operational data, hardware-enabled data acquisition and artificial intelligence to build technology capabilities for electric logistics operations.

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Commenting on the partnership, Devrishi Arora, CEO, Evify Logitech Private Limited, said: “Evify has built its operations around technology-enabled electric logistics.

Combining our operational ecosystem and app-based capabilities with BikeWo’s proposed hardware and data capabilities creates an opportunity to develop new intelligence around fleets, riders and logistics operations.

We see this collaboration as an important step towards building more technology-driven and scalable electric logistics infrastructure.”

The proposed technology platform involving Evify Logitech is expected to provide a basis for exploring datasets, models, algorithms and other technology-led solutions for mobility and logistics applications.

Commercial and Technical Terms to Be Documented Separately

The definitive commercial and technical terms relating to the technology collaboration and vehicle deployment will be documented separately between the parties.

The proposed scale-up to approximately 10,000 vehicles represents the parties’ current strategic intent and remains subject to successful implementation of the initial phase, financing availability, vehicle supply and mutually agreed commercial arrangements.

The initial Phase I deployment involving approximately 500 electric vehicles will therefore form the proposed starting point for the collaboration between BikeWo and Evify Logitech, with the potential for cumulative deployment to reach approximately 10,000 electric vehicles over the next three years, subject to the stated conditions.

Author

  • Salil Urunkar

    Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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