Moto Business Service India (MBSI), a leasing firm of Yamaha Motors, has announced its decision to enter into a partnership with Chennai-based FullFily, marking its foray into electric two and three-wheelers asset management services.
The terms and conditions of the proposed partnership devolves upon Moto Business Service India (MBSI) the responsibility to manage electric two and three-wheelers of FullFily. An end-to-end electric vehicle-as-a-service and delivery-as-a-service platform, FullFily has dedicated and dynamic rider for last mile and intra-city deliveries, providing customisable subscription-based delivery model based on requirements like such hub to spoke (Intra-city), spoke to stores (Intra-city), dark stores / stores to customers, e-commerce deliveries.
MBSI Managing Director Shoji Shiraishi has been quoted as saying, “India is seeing rapid growth in sales of electric vehicles (EVs) as manufacturers and users rush to switch from gasoline powered vehicles due to the rising cost of fuel…We will continue to onboard electric vehicles across multiple cities and generate employment avenues for the youth of India,” he added. MBSI plans to work with more mobility companies in the future. The company aims “to transform the overall shared mobility space in India by bringing our financial and strategic experience from our stakeholders”.
The partnership with MBSI will enable FullFily to increase its footprint across Chennai, company CEO and Founder Ashok Viswanathan said, “Over the next few months, we will rapidly expand our partnership across South India by partnering with more companies to provide our solutions and to accelerate this electric revolution. FullFily also aims to leverage its strategic alliances to improve the access of fleet and infrastructure for tier II and II markets and the small and medium business space which is severely under-serviced,” Viswanathan said.
FullFily offers rental service for delivery riders who don’t have to worry about rising fuel cost, charging issues and vehicle maintenance. It claims to be a full stack end-to-end electric mobility and delivery services.