The digital automotive aftermarket platform, myTVS, announced the launch of its pan India ‘Mobility-as-a-Service’ (MaaS) platform for last-mile EV fleet operators.
Mobility-as-a-Service: What does it offer?
The platform offers OEMs, to provide an extensive range of services, such as, from leasing to real-time fleet management, servicing, spare parts management (supported by a digital catalogue of 1.8 lakh SKUs), charging solutions (including portable chargers and myTVS charging stations), telematics, roadside assistance, insurance, and tyre management, the platform ensures seamless operations of the fleet all under one umbrella. Additionally, the platform also offers vehicle refurbishment services to extend fleet life and efficiency.
As per myTVS, its ‘MaaS’ platform aims to be the premier destination for last-mile fleet operators, facilitating their growth alongside their customers. This comprehensive service platform will provide customised digital solutions for quick commerce players through strategic partnerships with all stakeholders. As part of its launch, myTVS has partnered with MoEVing, a leading EV-based logistics company in India. The platform also aims to offer plug-and-play solutions to accelerate vehicle electrification while enhancing performance, supporting the government’s initiative for faster EV adoption and green mobility.
Commenting on the launch, G Srinivasa Raghavan, Managing Director of myTVS said, “The ‘MaaS’ platform is designed to meet the evolving needs of both personal mobility and fleet mobility customers, delivering efficiency and ensuring sustainability. The quick commerce companies are exploring electric vehicle fleets to optimise costs and meet their sustainability goals, and myTVS is well-positioned to lead this transition. We are the only service network with a strong pan India presence with over 1000 outlets to provide seamless service delivery across the nation under one platform for fleet operators. Besides, our extensive service offerings like, 24/7 telematics, Network Operations Centre (NOC) and diagnostic services will ensure maximum vehicle uptime. This will also bring the cost economics into play, providing a win-win solution for both the OEMs and the operators.”
Vikash Mishra, CEO, MoEVing, mentioned, “At MoEVing, we have always believed that building the right ecosystem partnerships is key to accelerating EV adoption in India. The launch of the ‘MaaS’ platform by myTVS addresses a critical need in the market, offering a comprehensive solution that aligns with our mission. By leveraging myTVS’s extensive service network and technology, this collaboration will allow us to provide customers better service while expanding our national footprint.”
A recent report by BCG highlights that the organised last-mile delivery market, particularly in food, grocery and e-commerce, is expected to grow at a CAGR of 15-20% over the next five years. EV adoption is said to increase significantly in organised last-mile delivery fleets, with 20-30% adoption across two-wheelers, three-wheelers and four-wheelers, by 2025.
Raghavan further added that they aim to add another 2500 outlets in the next two years and grow our market share to 10-12%.
The mobility platform has an adaptable quality and allows for integration with insurance providers, financial service partners, and leasing companies, making it a flexible solution for all stakeholders in the EV ecosystem, along with OEMs.
