News Archives - One Moto Ethiopia https://one-moto.com/eth/category/news/ Emotion In Motion Thu, 07 Nov 2024 05:24:17 +0000 en-GB hourly 1 https://wordpress.org/?v=6.9.4 https://one-moto.com/eth/wp-content/uploads/2024/04/cropped-OneMoto-SiteIcon@2x-32x32.png News Archives - One Moto Ethiopia https://one-moto.com/eth/category/news/ 32 32 Delivery companies adopting EVs: Benefitting from increased share price https://one-moto.com/eth/delivery-companies-adopting-evs/ https://one-moto.com/eth/delivery-companies-adopting-evs/#respond Mon, 09 Sep 2024 10:39:00 +0000 https://one-moto.com/?p=1150 Delivery companies using electric vehicles for their operations can measure their Environmental, Social, and Governance (ESG) performance and shareholder valuations through a variety of metrics and approaches. Here’s how they typically approach it: E Carbon Footprint Reduction: Energy Efficiency: Waste Reduction: S Rider/Driver Well-being and Safety: Community Engagement: Accessibility and Equity: G Transparency and Reporting: […]

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Delivery companies using electric vehicles for their operations can measure their Environmental, Social, and Governance (ESG) performance and shareholder valuations through a variety of metrics and approaches. Here’s how they typically approach it:

E

Carbon Footprint Reduction:

  • Measurement: Companies calculate the reduction in CO2 emissions by comparing the emissions of their EV fleet to those of traditional internal combustion engine (ICE) vehicles. This is often done using carbon accounting tools. ONE MOTO help offer these calculations to our customers and helping them understand the impact their operations have, yet what they can do to improve them.
  • Impact on Valuation: A lower carbon footprint can enhance the company’s environmental reputation, which may lead to higher ESG ratings and attract environmentally conscious investors, potentially boosting shareholder value.

Energy Efficiency:

  • Measurement: Tracking the energy consumption of EVs compared to ICE vehicles, including electricity usage and the efficiency of charging infrastructure.
  • Impact on Valuation: Greater energy efficiency can lower operating costs, which can positively influence profitability and shareholder valuation.

Waste Reduction:

  • Measurement: Monitoring and minimising waste generated from battery disposal and vehicle maintenance, as well as promoting recycling and sustainable practices within the fleet.
  • Impact on Valuation: Effective waste management contributes to a company’s sustainability profile, which can be a key factor in ESG assessments.

S

Rider/Driver Well-being and Safety:

  • Measurement: Assessing the impact of EV adoption on driver safety, job satisfaction, and training programs. For instance, EVs often have fewer mechanical issues, which can reduce safety risks for drivers.
  • Impact on Valuation: Companies that prioritize employee well-being can improve their social standing and attract talent, enhancing overall performance and shareholder value.

Community Engagement:

  • Measurement: Evaluating the company’s contributions to local communities, such as reducing noise pollution through quieter EVs or supporting local environmental initiatives.
  • Impact on Valuation: Positive community relations can improve brand loyalty and customer retention, which in turn can enhance revenue and shareholder valuation.

Accessibility and Equity:

  • Measurement: Analysing the availability and affordability of delivery services in underserved areas, especially where EV infrastructure is still developing.
  • Impact on Valuation: Expanding service areas with sustainable practices can open up new markets, increasing the company’s growth potential and shareholder value.

G

Transparency and Reporting:

  • Measurement: Implementing clear and transparent reporting on the company’s ESG goals, progress, and challenges, including the use of EVs and their impact on overall sustainability targets.
  • Impact on Valuation: Strong governance and transparency can build investor trust, leading to higher ESG scores and more favorable shareholder valuations.

Compliance and Risk Management:

  • Measurement: Ensuring compliance with environmental regulations, such as emissions standards and EV-related policies, and managing risks associated with the transition to EVs.
  • Impact on Valuation: Proactive risk management and compliance can prevent legal issues and reputational damage, safeguarding shareholder value.

Ethical Supply Chain Management:

  • Measurement: Evaluating the sustainability and ethics of the supply chain, particularly in relation to sourcing materials for EV batteries.
  • Impact on Valuation: Companies with ethical supply chains are often viewed more favourably by investors, which can positively influence shareholder valuations.

Shareholder Valuation Metrics

Financial Performance:

  • Measurement: Assessing the cost savings from using EVs (e.g., lower fuel and maintenance costs) and their impact on overall profitability.
  • Impact on Valuation: Improved financial performance from EV adoption can lead to higher earnings, positively affecting share prices and market capitalisation.
Having an ESG framework for your business. Is it needed or nice to have?

ESG Ratings and Investor Sentiment:

  • Measurement: ESG ratings agencies (like MSCI, Sustainalytics) evaluate the company’s ESG performance, including its use of EVs, and provide scores that influence investor decisions.
  • Impact on Valuation: Higher ESG ratings can attract institutional investors focused on sustainable investments, potentially increasing demand for the company’s shares and raising valuations.

Market Position and Competitive Advantage:

  • Measurement: Assessing how EV adoption strengthens the company’s market position and differentiates it from competitors, particularly in regions with strong environmental regulations.
  • Impact on Valuation: A strong market position can lead to increased market share and revenue growth, positively impacting shareholder valuation.

What we have to say about the above:

By integrating EVs into your operations, delivery companies can significantly enhance ESG performance, leading to potential improvements in shareholder valuation. These companies measure their ESG impact through detailed environmental metrics, social initiatives, and strong governance practices, all of which contribute to a sustainable and profitable business model. Although ESG isn’t commonplace as a metric or criteria of operation in this region, it cannot be overlooked for too much longer. Simply look at the key delivery companies who are integrating EVs into their fleet:

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Top 10 delivery companies committed to decarbonise the last mile https://one-moto.com/eth/top-10-delivery-companies-committed-to-decarbonise-the-last-mile/ https://one-moto.com/eth/top-10-delivery-companies-committed-to-decarbonise-the-last-mile/#comments Tue, 03 Sep 2024 09:39:00 +0000 https://one-moto.com/?p=1152 We’ve been following the news, the leaders and those choosing to switch their fleet electric. The first movers to be commended (not only the risk takers), they are also those to learn from. They’ve gone through the consideration of “How do I Switch My Fleet Electric”. Here are those leading the market: 1. Amazon 2. […]

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We’ve been following the news, the leaders and those choosing to switch their fleet electric. The first movers to be commended (not only the risk takers), they are also those to learn from. They’ve gone through the consideration of “How do I Switch My Fleet Electric”. Here are those leading the market:

1. Amazon

  • Initiative: Amazon has committed to deploying 100,000 electric delivery vans by 2030 through its partnership with Rivian, an electric vehicle manufacturer. The first of these vehicles have already started making deliveries in several cities.
  • Purpose: This move is part of Amazon’s broader Climate Pledge, which aims to achieve net-zero carbon emissions by 2040.

2. UPS

  • Initiative: UPS has ordered 10,000 electric delivery trucks from Arrival (filed for insolvency Feb 2024), a UK-based EV manufacturer, with plans to deploy them in the U.S. and Europe. They are also working with other manufacturers like Workhorse and Daimler to expand their electric fleet.
  • Purpose: UPS aims to reduce its carbon footprint and transition to more sustainable operations globally.

3. FedEx

  • Initiative: FedEx has pledged to transition its entire global parcel pickup and delivery fleet to electric vehicles by 2040. The company has already begun integrating EVs from manufacturers like GM’s BrightDrop and Ford.
  • Purpose: This is part of FedEx’s broader goal to achieve carbon-neutral operations by 2040.

4. DHL

  • Initiative: DHL is investing in electric vehicles and plans to operate 80,000 EVs by 2030 as part of its GoGreen environmental program. They have already started using EVs for deliveries in several countries.
  • Purpose: DHL’s goal is to reduce all logistics-related emissions to net zero by 2050.

5. Domino’s Pizza

  • Initiative: Domino’s has been deploying electric bikes and scooters for pizza delivery in various markets, and recently, they announced the purchase of 800 Chevy Bolt EVs to be used across the U.S.
  • Purpose: The aim is to reduce carbon emissions and fuel costs while maintaining efficient delivery services.

6. IKEA

  • Initiative: IKEA has committed to using electric vehicles for all home deliveries by 2025. The company is already using EVs in several major cities globally, including New York, Shanghai, and Paris.
  • Purpose: This initiative supports IKEA’s goal to become climate positive by 2030.

7. PepsiCo

  • Initiative: PepsiCo has ordered 100 Tesla Semi trucks to reduce emissions in its logistics operations. They plan to use these electric trucks for transporting products between distribution centers.
  • Purpose: PepsiCo’s broader sustainability goal includes reducing greenhouse gas emissions by 40% by 2030.

8. Walmart

  • Initiative: Walmart has placed an order for 130 Tesla Semi trucks and is exploring other electric vehicles for its logistics fleet as part of its Project Gigaton, which aims to avoid one gigaton of greenhouse gas emissions by 2030.
  • Purpose: The company is committed to reducing its carbon footprint and improving the sustainability of its supply chain.

9. Lyft

  • Initiative: Lyft has committed to transitioning 100% of its fleet to electric vehicles by 2030. The company is encouraging its drivers to switch to EVs through various incentives and partnerships.
  • Purpose: This is part of Lyft’s larger goal to combat climate change and reduce emissions in the transportation sector.

10. Uber

Purpose: Uber’s commitment is part of its broader effort to become a zero-emission mobility platform.

Initiative: Uber aims to have 100% of its rides in the U.S., Canada, and Europe be in electric vehicles by 2030, and worldwide by 2040. They are offering incentives and partnerships to drivers to facilitate the switch to EVs.

Uber Eats and Just Eat: Some food delivery platforms like Uber Eats and Just Eat have pilot programs or partnerships with EV providers. These efforts are often tied to broader sustainability goals rather than immediate profitability.

If you are wanting to understand the how and when to switch your fleet, get in touch with our team to help you.

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A Landscape Delivering Innovation and Growth: Ethiopia https://one-moto.com/eth/a-landscape-delivering-innovation-and-growth-ethiopia/ https://one-moto.com/eth/a-landscape-delivering-innovation-and-growth-ethiopia/#respond Tue, 11 Jun 2024 02:17:15 +0000 https://one-moto.com/?p=799 As ONE MOTO march towards our global footprint. The distribution efforts of last year have led to us over-achieving our forecast growth by 25% YTD. We often get asked how we achieve our goals, how we garner the traction when the EV industry has complex hurdles. Our answer nor strategy is simple, “we enter markets […]

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As ONE MOTO march towards our global footprint. The distribution efforts of last year have led to us over-achieving our forecast growth by 25% YTD.

We often get asked how we achieve our goals, how we garner the traction when the EV industry has complex hurdles. Our answer nor strategy is simple, “we enter markets you don’t expect, and we know how to make considerable, positive impact.”

This article explains the Ethiopian landscape, the market and the statistics surrounding the opportunity.

To discuss new territories, get in touch.

Read on LinkedIn

In Ethiopia, and Addis Ababa to be location precise, last-mile delivery landscape is growing – as most geographies globally – in last-mile delivery, bike taxis and commuting, driven by technological advancements, infrastructure improvements, and the induction of governmental initiatives (B2C being the largest sector growing 3:1 from B2B).

As the country’s economy continues to expand and urbanise, the delivery sector plays a pivotal role in facilitating trade, commerce, and access to essential goods and services. In this article, we delve into the burgeoning last-mile delivery sector in Ethiopia, exploring key statistics, leading companies, the emergence of electric vehicles, costs per delivery and forecasted growth.

Rapid Expansion of Last-Mile Delivery

With a population exceeding 115 million and a rapidly growing middle class, the demand for fast and reliable delivery services has surged, creating lucrative opportunities for logistics providers and the proliferation of e-commerce platforms. Yet addressing financial considerations involves evaluating currency and the affordability of introducing sustainable mobility.

On January 29, 2024, the Ethiopian government imposed an immediate ban on ICE vehicles entering the country, aiming to support forecasted growth in the logistics industry estimated at over USD 3.5 billion. The last-mile delivery segment, which is growing globally at 27.1%, forms a significant part of this market and is poised to benefit from the rising demand for efficient solutions due to increasing e-commerce adoption among Ethiopian consumers.

Leading Companies and Innovation

In response to the growing demand for last-mile delivery services, several companies have emerged as key players in Ethiopia’s logistics landscape. Traditional logistics firms, as well as tech-driven startups, are competing to capture market share and differentiate themselves through innovation and efficiency.

Companies like Deliver Addis, Zmall_delivery, KZ EXPRESS, and RIDE are among the leading players in Ethiopia’s last-mile delivery sector, offering a range of services including: food delivery, grocery delivery, e-commerce, q-commerce and courier services. These companies leverage technology, such as mobile apps and telemetry, to optimise routes, minimise delivery times, and enhance the overall customer experience – something our predecessors couldn’t offer.

The Acceptance of Electric Vehicles

One of the most significant developments in Ethiopia’s #lastmiledelivery sector is the adoption of electric vehicles (EVs) as a sustainable and cost-effective alternative to traditional petrol/diesel-powered vehicles. With the government’s commitment to reducing carbon emissions and promoting clean energy initiatives, EVs have gained traction among logistics providers seeking to lower operational costs and minimise environmental impact. “Yet the offering of vehicles from trusted suppliers wasn’t available until ONE MOTO entered the market”. We look to build and lead the market, setting the foundations and benchmarks of quality, standards for others to enter, similarly to what we’ve achieved in the UAE.

“We recognised the potential of electric vehicles in the African landscape and have tailored our offerings to meet the unique needs of the market with #electricmotorcycles and #lightcommercialvehicles. By building electric motorcycles specifically designed for the challenging terrain and infrastructure constraints in #Ethiopia and other African countries, #ONEMOTO will build the market and then build for the market with localised assembly penned to break ground in 2025”.

Costs per Delivery and Forecasted Growth

The costs per delivery in Ethiopia vary depending on factors such as distance, package size, and delivery speed. However, the adoption of #electricvehicles can significantly reduce operational costs, including fuel expenses and maintenance, making it a cost-effective solution for logistics providers.

Despite the challenges posed by infrastructure limitations (for cars and HGV) and regulatory hurdles, the forecasted growth of Ethiopia’s last-mile delivery sector remains robust. Industry analysts predict double-digit growth rates in the coming years, driven by continued #urbanisation, e-commerce expansion, and further #governmentincentives – once bundled with the knowledge transfer to consumers and the education journey – this will impact the adoption significantly.

ONE MOTO are delighted to be partnering with established, trusted dealerships which will install customers with the confidence they need to support the adoption.

To discuss dealership and distribution opportunities in Africa, get in touch.

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ONE MOTO Expansion Announcement: OMAN https://one-moto.com/eth/one-moto-expansion-announcement-oman/ https://one-moto.com/eth/one-moto-expansion-announcement-oman/#respond Mon, 27 May 2024 02:25:14 +0000 https://one-moto.com/?p=801 The government’s announcement of 22,000 vehicles on the Oman roads by 2030 made by Ministry of Transport, Communications and Information Technology – Oman Minister Said Hamood Al Maawali. The agreement signed today commits over 10% (2,300 vehicles) to be supplied by ONE MOTO in the first 24 months with motorcycles and Light Commercial Vans. In […]

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The government’s announcement of 22,000 vehicles on the Oman roads by 2030 made by Ministry of Transport, Communications and Information Technology – Oman Minister Said Hamood Al Maawali. The agreement signed today commits over 10% (2,300 vehicles) to be supplied by ONE MOTO in the first 24 months with motorcycles and Light Commercial Vans.

In the Sultanate of Oman, the last-mile delivery sector is undergoing a transformative evolution, driven by technological advancements, shifting consumer preferences, and a growing demand for seamless delivery solutions. As the country embraces the digital age, the landscape of last mile delivery is experiencing unprecedented growth, through e-commerce uplift and forward thinking innovative fleet operators, in the adoption of electric delivery vehicles. Here are some great stats about why we’ve chosen Oman as our next launch pad for the GCC and forecasted growth of Oman’s last-mile delivery industry.

Stats:

The last-mile delivery landscape in Oman has witnessed significant expansion in recent years, fueled (pardon the pun) by a growing e-commerce market and changing consumer behavior.

Recent studies show, Oman’s e-commerce sector is projected to reach a value of USD 1.3 billion by 2025, with a CAGR of 18% from 2020 to 2025. This growth trajectory underscores the increasing reliance on delivery services to fulfill the needs of a digitally savvy population.

A few leading logistics and delivery companies (we can’t mention names yet) have played a pivotal role in driving the growth of last-mile delivery in Oman.

Leading Fleet Companies and Electric Vehicles:

Leading fleet providers leverage a diverse fleet of vehicles, including; motorcycles, vans, and trucks, to ensure timely and efficient delivery of goods and services.

Moreover, the adoption of electric vehicles (EVs) in Oman’s last-mile delivery sector represents a significant step towards sustainability and environmental conservation and the Oman Vision 2040 رؤية عُمان. We all know the advantages by now; reduced carbon emissions, lower operational costs, and enhanced operational efficiency. Leading delivery companies are increasingly wanting to integrate EVs into their fleets, yet don’t always understand how easy and affordable it is.

Costs per Delivery and Forecasted Growth:

The costs per delivery in Oman’s last-mile delivery sector vary depending on factors such as distance, delivery speed, and order volume. However, industry experts estimate that the average cost per delivery ranges from OMR 1 to OMR 5, reflecting the operational expenses associated with logistics, labour, Omanisation and technology.
Industry forecasts predict sustained expansion, with the sector expected to grow at a CAGR of 15% from 2021 to 2026. This trajectory presents significant opportunities for stakeholders to innovate, collaborate, and capitalise on.

Featured on:

Last Mile Talent
Oman Observer

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Homegrown and bringing change: ONE MOTO UK https://one-moto.com/eth/homegrown-and-bringing-change-one-moto-uk/ https://one-moto.com/eth/homegrown-and-bringing-change-one-moto-uk/#respond Tue, 16 Apr 2024 02:35:00 +0000 https://one-moto.com/?p=805 The UK is a considerably complex last-mile landscape to navigate, with the gig economy ‘employing’ over 10% of the population in the various sectors, the delivery gig-worker network is one we aim to support. Pre-framing (for those unfamiliar with the #delivery landscape) In the fast-paced world of e-commerce and urban living, last-mile delivery has emerged […]

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The UK is a considerably complex last-mile landscape to navigate, with the gig economy ‘employing’ over 10% of the population in the various sectors, the delivery gig-worker network is one we aim to support. Pre-framing (for those unfamiliar with the #delivery landscape) In the fast-paced world of e-commerce and urban living, last-mile delivery has emerged as a critical component of the supply chain, bridging the gap between retailers and consumers with speed, efficiency, and reliability.

In the United Kingdom, the last-mile delivery landscape has experienced seismic scale, changing consumer behaviours, and a heightened focus on sustainability. Let’s delve into the factual statistics, leading companies, electric vehicles, costs per delivery, and forecasted growth of this dynamic sector, alongside the commitment of ONE MOTO to support the transition to sustainable mobility.

Factual Statistics of the Delivery Landscape

The UK’s last-mile delivery sector has propelled exponentially with the rise of online shopping and the convenience economy. According to recent data, the UK’s #ecommerce market reached £141.33 billion in 2022, with last-mile delivery representing a critical component of this hyper-growth industry. The last mile is the most costly and polluting to the environment, an issue we take very seriously!

Leading Companies & Electric Vehicles

Several prominent companies dominate the UK’s last-mile delivery landscape, including; established giants like Royal Mail , Stuart , DPD UK , Evri , and Amazon , alongside innovative startups and tech-driven platforms. Moreover, there has been a notable shift towards sustainable transportation solutions, with an increasing number of companies adopting electric vehicles (EVs) to reduce emissions and environmental impact.

Costs Per Delivery & Forecast Growth

The costs per delivery in the UK vary depending on factors such as distance, speed of delivery, and the size of the parcel. However, industry estimates suggest that the average cost per delivery ranges from £2 to £5, with additional expenses incurred for urban deliveries and same-day services. Despite these costs, the last-mile delivery sector continues to experience robust growth, fuelled by rising consumer demand for fast, convenient, and environmentally friendly delivery options.

Yet, the complicated food delivery sector pays riders between £4.50 and £6.70 per delivery, how do these calculations work? Well, as I mentioned the gig-economy in complex with the companies fronting the delivery services (aggregators such as Uber Eats, Stuart, Deliveroo , Just Eat Takeaway and others) don’t employ their delivery workers, they are ‘contractors’, independent freelancers – which helps the operators avoid various costly incumbent responsibilities of UK employment and benefits – much to the opposition of those ‘working’ for them.

Yet, we need to support the industry, the ‘workers’

Forecasted Growth

Looking ahead, the forecasted growth of the last-mile delivery sector in the UK remains promising, driven by technological advancements, regulatory initiatives, and evolving consumer preferences. Industry analysts predict a compound annual growth rate (CAGR) of over 10% for the UK’s last-mile delivery market in the coming years, with a particular emphasis on sustainability and innovation.

ONE MOTO’s Commitment to Sustainable Mobility

In line with the UK’s transition towards sustainable transportation, ONE MOTO, a pioneering electric vehicle company, has made a significant commitment to support the evolution of last-mile delivery. The company has secured £123 million in funding to develop and deploy electric motorcycles and vans tailored for the delivery industry, providing a cost-effective, eco-friendly alternative to traditional delivery vehicles.

With a focus on #decarbonising the last-mile delivery sector, ONE MOTO aims to evolve urban transportation, #reduceemissions, and enhance operational efficiency for delivery companies across the UK. By leveraging cutting-edge technology and strategic partnerships, ONE MOTO is poised to play a pivotal role in shaping the future of last-mile delivery, driving positive environmental impact and sustainable growth in the UK’s logistics industry.

Transport for London

Dubai International Chamber

To discuss collaboration in the UK, countywide dealerships, distribution channels please reach out.

Read on LinkedIn

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How a bold decision in Iraq has benefitted the last-mile https://one-moto.com/eth/how-a-bold-decision-in-iraq-has-benefitted-the-last-mile/ https://one-moto.com/eth/how-a-bold-decision-in-iraq-has-benefitted-the-last-mile/#respond Mon, 08 Apr 2024 02:39:22 +0000 https://one-moto.com/?p=807 The Iraqi government made a bold, sustainable pledge to ban the import of petrol motorcycles late last year – demonstrating their commitment to a better future. Just one part of their green agenda this will positively revolutionise the last-mile delivery landscape. ONE MOTO are proud to be pioneering this change alongside our partners towards the […]

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The Iraqi government made a bold, sustainable pledge to ban the import of petrol motorcycles late last year – demonstrating their commitment to a better future. Just one part of their green agenda this will positively revolutionise the last-mile delivery landscape.

ONE MOTO are proud to be pioneering this change alongside our partners towards the mission to “decarbonise last mile delivery”

In Iraq, the last-mile delivery sector is evolving, as it should, realising the issues other countries have faced within the industry and doing it right. Late 2023, the Iraqi government banned the import of petrol motorcycles – championed by our distribution partners – led to a high impact for the demand for efficient and #sustainable #logisticssolutions. With the international expansion of the ONE MOTO brand we enter markets you don’t expect, those we know we can bring change and support the landscape and stakeholders to be more sustainable and profitable.

The Landscape of Last-Mile Delivery in Iraq

Iraq’s last-mile delivery market is experiencing robust growth, driven by rapid urbanisation and urban development, expanding e-commerce platforms, and increasing consumer demand for convenience. Recent statistics project that the country’s e-commerce market will reach USD 3.4 billion by 2025, offering delivery service providers a significant opportunity.

Bike taxis have emerged as a popular mode of transportation for #lastmiledelivery in urban areas and the diplomatic quarters, offering speed, agility, and cost-effectiveness.

The Rise of Electric Motorcycles

Sounds like another Hollywood epic. Far from fiction we at ONE MOTO, present a compelling solution to the challenges facing the last-mile delivery sector in Iraq. Our vehicles have been developed, tried, tested and now trusted by leading partners across five continents. Yet, it doesn’t stop there – innovation is our backbone – our partners realise this, what we offer now, surpasses expectation, so what we’re producing for future iterations will only compound that belief.

Factual Statistics and Forecasted Growth

Industry reports indicate that the global electric motorcycle market is projected to grow at a CAGR of over 7% from 2021 to 2026. This growth could accelerate further, influenced by the recent ban on petrol motorcycle imports in Iraq, despite limited specific statistics on the local last-mile delivery market. We are working with our analysts to provide accurate simulations, yet we do know it will only increase.

In Iraq, the adoption of electric motorcycles for last-mile delivery is still in its nascent stages. The government’s focus on sustainability and promoting clean energy initiatives is expected to significantly grow the market for electric vehicles, including motorcycles and vans, in the coming years.

To discuss expansion opportunities in your region and how we can bring sustainable change to your fleets, get in touch.

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A new headwind to New Delhi: ONE MOTO India https://one-moto.com/eth/a-new-headwind-to-new-delhi-one-moto-india/ Mon, 25 Mar 2024 02:44:55 +0000 https://one-moto.com/?p=809 Entering familiar territories is easy, we approach new markets with optimism, markets you don’t expect and challenge the ‘norms’ of business, by innovative ways to develop market penetration. Some may question if the market is ready? Indeed it is more advanced than others, yet we see a place at the table, offering something others aren’t. […]

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Entering familiar territories is easy, we approach new markets with optimism, markets you don’t expect and challenge the ‘norms’ of business, by innovative ways to develop market penetration.

Some may question if the market is ready? Indeed it is more advanced than others, yet we see a place at the table, offering something others aren’t.

“Premium and affordable to all” New Delhi has a need for a solution, with air pollution at hyper-toxic levels, this can be addressed, we cannot solve it ourselves, yet, through key partners we aim to collaborate to bring change.

Our expansion into this market is not familiar, it is a complex terrain, how are we going to achieve the paradigm shift towards the ONE MOTO brand?

In the bustling metropolis of New Delhi, and across India the two-wheeled electric motorcycle sector is undergoing a profound transformation, with a market of 37m motorcycles and approximately 500,000 being sold per month, the vast market has nuances, which can’t be overlooked, and with the correct positioning and focus on the people will be a positive entry for ONE MOTO and the “future of the commute”.

As the Indian delivery landscape continues to evolve with leading players like Swiggy, Zomato and others delivering the country with their orders, the adoption of electric vehicles (EVs) emerges as a pivotal solution, offering not only sustainability benefits but also cost efficiencies and operational advantages.

The Indian Delivery Landscape: A Growing Market

India’s e-commerce market has witnessed exponential growth in recent years, propelled by increasing internet penetration, smartphone usage, and digital literacy. With over 700 million internet users and a rapidly expanding middle class, the country presents immense opportunities for businesses operating in the delivery space.

According to industry reports, India’s #ecommerce and #qcommerce markets are projected to reach USD 200 billion by 2026, with last-mile delivery playing a critical role in fulfilling customer orders and ensuring timely deliveries. However, logistical challenges, traffic congestion, and environmental concerns pose significant hurdles for delivery service providers, underscoring the need for innovative solutions.

Electric Vehicles: Pioneering Sustainability and Efficiency

Amidst these challenges, the adoption of electric vehicles emerges as a game-changer, offering a sustainable and cost-effective alternative to traditional fuel-powered vehicles. With the Indian government’s push towards electrification and renewable energy, EVs have gained traction across various sectors, including last-mile delivery.

In New Delhi, where #airpollution levels often exceed hazardous levels, the transition to electric delivery vehicles holds immense promise for mitigating environmental impact and improving air quality. According to statistics, EV sales in India have witnessed a significant uptick, with over 1.56 lakh units sold in 2020-21, representing a growth of 10.3% compared to the previous fiscal year.

Air pollution is humanities greatest killer – Killing 5 million people per year.

The Guardian
Costs per Delivery and Operational Efficiency

One of the key advantages of electric delivery vehicles lies in their lower operating costs compared to traditional combustion engine vehicles. With the rising prices of fossil fuels and maintenance expenses, EVs offer substantial savings in fuel and maintenance costs over their lifespan. Yet the ‘46’ manufacturers in 2020 has percolated to avail only 4-6 considered market players led by Ola through sheer market penetration and Ather through the premium sector yet even the leaders face challenges. Some have potentially underestimated the demand, overlooked after-sales, and certain opportunists have abused the government’s FAME-2 subsidy, retracting consumer and dealership confidence. So why are we looking at this troubled market and why now?

At ONE MOTO we aren’t looking to lead the Indian market in terms of volume of units sold, but we are here to offer premium, affordable electric vehicles, building generational loyalty and contributing to the innovation in the market.

Stats

Recent studies indicate that the cost per delivery for electric vehicles in New Delhi ranges from INR 1.5 to INR 2.5 per kilometre, depending on factors such as vehicle efficiency, charging infrastructure availability, and electricity tariffs.

The fluctuating fuel prices (state and nationwide) of course impacts the daily commuter, whether they ride for commercial or private use, our vehicles must be a barometer of confidence for the market, and positioning is key. Without unveiling confidential strategies, we are focusing on one city at a time starting in New Delhi with a population of 40 million, this city (in population) is the size of some countries, so it’s no small feat, nor do we offer a sentiment of ease to penetrate an existing market of this size. Securing the right partners was critical, and establishing close governmental relationships is necessary to ensure that an international brand understands the virtues of operating in such a complex landscape.

Forecasted Growth and Market Opportunities

Looking ahead, the future of last-mile delivery in New Delhi appears bright, with electric vehicles poised to play an increasingly prominent role in shaping the delivery landscape. Industry forecasts predict a surge in EV adoption, driven by advancements in battery technology, infrastructure development, and favourable government policies.

Furthermore, the emergence of innovative startups like ONE MOTO exemplifies the potential for disruptive innovation in the delivery sector. We aim to set a benchmark for two-wheeled EVs in New Delhi and beyond by offering affordable, trusted mobility solutions tailored to the unique needs of Indian consumers.

Affordable, Trusted Mobility for All

ONE MOTO pioneers electric vehicle technology in the delivery space, committed to democratising sustainable mobility and empowering businesses to thrive in India’s evolving delivery and commuting landscape. By offering cost-effective electric vehicles, tailored financing options, and comprehensive support services, ONE MOTO enables delivery service providers to transition seamlessly to electric fleets, reducing their carbon footprint and enhancing operational efficiency.

Moreover, ONE MOTO’s focus on affordability and accessibility aligns with its broader mission of creating inclusive and sustainable mobility solutions for all. By leveraging innovative technologies, strategic partnerships, and a customer-centric approach, ONE MOTO aims “to build in India, for India”. Once we’ve positioned ourselves in our Indian head office we’ll collaborate to set up two manufacturing facilities, one in the north and one in the south. Local, established and respected companies are being discussed with to ensure the JVs entered are a complimentary win for all.

To discuss collaborations within India, please get in touch

Read on LinkedIn

As reported by

Abu Dhabi SME Hub

Dubai International Chamber

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Delivering in Amman, Jordan: The ONE MOTO expansion journey continues https://one-moto.com/eth/delivering-in-amman-jordan-the-one-moto-expansion-journey-continues/ Tue, 19 Mar 2024 02:54:14 +0000 https://one-moto.com/?p=814 In the society of “the delivery of everything” we’ve curated ourselves, the demand for sustainable, profitable delivery services is surging. In this article we discuss the market landscape of Jordan and how ONE MOTO strategically selected this market as a key regional territory. Amidst the bustling streets of Amman, Jordan, a silent revolution (pardon the […]

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In the society of “the delivery of everything” we’ve curated ourselves, the demand for sustainable, profitable delivery services is surging.

In this article we discuss the market landscape of Jordan and how ONE MOTO strategically selected this market as a key regional territory.

Amidst the bustling streets of Amman, Jordan, a silent revolution (pardon the pun) is underway in the realm of last-mile delivery. As the demand for swift and sustainable delivery solutions continues to soar, businesses are turning to innovative approaches to meet evolving consumer expectations. At the forefront of this transformation are electric motorcycles, offering a glimpse into the future of urban mobility and logistics. We are going to focus on the dynamics of last-mile delivery in Amman, the acceptance of electric motorcycles, and the promising forecasts.

The Delivery Market in Amman: An Overview

With a population exceeding 4 million and a thriving e-commerce ecosystem, Amman serves as a vibrant hub for last-mile delivery operations. Recent statistics project the Jordanian e-commerce market to reach USD 2.1 billion by 2025, driven by our “delivery of everything” society and shifting consumer preferences. This rapid growth underscores the critical need for efficient and sustainable delivery solutions to cater to the surging demand for online goods and services.

Transforming Urban Logistics

In response to the challenges posed by congestion, pollution, and rising fuel costs, delivery operators in Amman are increasingly turning to electric motorcycles as a viable alternative to traditional delivery vehicles. You’ll note, very similar issues addressed are echoed in each of the countries we are expanding into – addressing common problems! Moreover, the quiet and eco-friendly nature of electric motorcycles aligns with Amman’s commitment to sustainability and environmental stewardship. Yet, it’s not just about the vehicles themselves, it’s ONE MOTO’s commitment to environmentally driven supply and value chain. We set a transparent ESG pledge back in 2021 and each of our partners are also committed to bring change.

Costs and Benefits of Electric Motorcycle Delivery

One of the key advantages of electric motorcycles for last-mile delivery operators in Amman is the significant reduction in operating costs compared to conventional gasoline-powered vehicles. With lower fuel and maintenance expenses, electric motorcycles offer a compelling value proposition for businesses looking to optimise their delivery operations while minimising environmental impact. Interestingly, fleet operators often hesitate to pay for the telemetry and big data accompanying our fleets. However, those who do see a significant increase in their bottom line profit.

“Switching to ONE MOTO Electric Motorcycles: A Game-Changer for Delivery Operators”

ONE MOTO, a pioneering electric motorcycle company, is leading the charge towards sustainable last-mile delivery in Amman and beyond. By offering a fleet of high-performance electric motorcycles tailored for urban delivery operations, ONE MOTO empowers delivery operators to transition to clean, efficient, and cost-effective transportation solutions. With features such as rapid charging, swappable battery banks, battery as a service, long-range capabilities, and advanced features, ONE MOTO electric motorcycles deliver unparalleled performance and reliability, enabling operators to meet the demands of modern-day delivery logistics.

We built the vehicles for the regional market and have comfortably completed five GCC summers (which is no small feat). We have secured the trust in our partners which is why we have garnered multiple industry awards.

Get in touch to discuss expansion in your territory

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ONE MOTO expands once again, launching silently in Sri Lanka https://one-moto.com/eth/one-moto-expands-once-again-launching-silently-in-sri-lanka/ Mon, 11 Mar 2024 02:59:18 +0000 https://one-moto.com/?p=818 Creating markets can be intimidating to navigate; however, it can also be frustrating as it can take time. Nevertheless, it is utterly rewarding knowing the impact you’re encouraging. Successfully entering new markets like Sri Lanka is down to working with the right partners, understanding the market and forecasting the future. This article dives deep into […]

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Creating markets can be intimidating to navigate; however, it can also be frustrating as it can take time. Nevertheless, it is utterly rewarding knowing the impact you’re encouraging. Successfully entering new markets like Sri Lanka is down to working with the right partners, understanding the market and forecasting the future.

This article dives deep into the fiscal issues of the country, the ambition for EVs and the consumer demand.

In the buzzing landscape of two-wheeled commuting in Sri Lanka, a new era of efficiency, sustainability, and innovation is on the horizon. As e-commerce rises and demand for convenient delivery services grows – making it the most common form of commuting – adopting electric motorcycles will enhance lives and boost incomes for ONE MOTO vehicle users.

Current Landscape of Delivery Market in Sri Lanka

Sri Lanka’s delivery market has experienced significant issues both geo-politically and fiscal in recent years, increasing internet penetration, and changing consumer preferences. Recent statistics project that the e-commerce market in Sri Lanka will reach USD 2.1 billion by 2025, growing at a compound annual growth rate (CAGR) of 23.7% from 2020 to 2025. Huge figures, too optimistic? We’ll roll with the analysts data for the purposes of demonstrating the benefits and our rationale.

In this dynamic landscape, delivery plays a pivotal role in fulfilling the needs of consumers, businesses, and the economy at large. Two-wheeled commuting is commonplace in Sri Lanka, where students, workers, and delivery services rely heavily on motorcycles, impacting air quality due to the predominance of petrol vehicles—for now. Across Colombo you can taste the pollution, the humidity and heat holds a blanket of smog to your airways, there’s no escaping it. Yet the solution provided has complications.

Introduction of Electric Motorcycles and Bike Taxis

ONE MOTO, built with a mission to bring change are spearheading the transition towards sustainable last-mile delivery solutions in Sri Lanka and we do this by working with equally committed partners. Some of the issues are access to electricity, yet our partners have delivered solar systems across their facilities to provide free, clean charging for their employees. One step towards a positive change.

By harnessing the power of renewable energy, these vehicles not only reduce operational expenses but also contribute to mitigating air pollution and combating climate change – a pressing concern for the island nation.

Moreover, the emergence of bike taxis, powered by electric motorcycles, has further transformed urban mobility in Sri Lanka. These agile and eco-friendly vehicles provide an affordable and convenient transportation option for riders, while also alleviating traffic congestion and enhancing overall urban liveability.

One of the benefits of ONE MOTO is the modularity of our vehicles to suit the markets we enter. We aim to provide premium, affordable mobility for all markets, recognising that not every territory requires the highest-performing, longest-range vehicles (like our GTe collection), which come with a higher price point. Industry analysts project a CAGR of over 25% for the electric motorcycle market in Sri Lanka, underscoring the immense potential for growth and innovation in this sector.

Market Nuances

Some of the issues surrounding the country are the low-cost, poor quality imports arriving from their neighbours, understandable with the currency issues and fiscal contractions. Cost is always a conversation, but should it be the sole ‘driver’ to create the sale? Or do you offer a premium product you guarantee your customers can afford? Yeah, we do too!

ONE MOTO are always open to discuss new territories, create a market from ideals, connect with us, and let’s see where the conversation leads.

Read on LinkedIn.

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The Dynamic Roadmap of Food Delivery, E-Commerce in the UAE https://one-moto.com/eth/the-dynamic-roadmap-of-food-delivery-e-commerce-in-the-uae/ Mon, 04 Mar 2024 03:03:25 +0000 https://one-moto.com/?p=822 As we continue to expand our international footprint, there is always a very firm focus to continue to build upon our beachhead market. We were the first to the region, the change makers, the dreamers. Driven by customers, companies, the government, all had needs – we continue to deliver upon the wants for the future […]

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As we continue to expand our international footprint, there is always a very firm focus to continue to build upon our beachhead market. We were the first to the region, the change makers, the dreamers. Driven by customers, companies, the government, all had needs – we continue to deliver upon the wants for the future too.

This article presents the latest financials and forecasts for the country. We believe these figures understate the potential growth based on our primary research. Share your thoughts with us!

If you are wanting to discuss new markets with us, reach out and we’ll make it happen.

In recent years, the United Arab Emirates (UAE) has witnessed a seismic shift in consumer behaviour, driven by technological advancements and changing lifestyles and there’s no denying COVID-19 played a leading role!

This transformation has propelled the food and e-commerce delivery sector into the spotlight, with an unprecedented surge in demand for convenient and efficient delivery services. As the industry continues to evolve, navigating the intricacies of delivery volumes, costs, and forecasted growth becomes essential for businesses operating in this dynamic landscape.

Explosive Growth in Delivery Volumes

The UAE’s food and e-commerce delivery sector has experienced exponential growth, fuelled by a burgeoning population thanks to the vision and invitational platform for the world to explore, increasing urbanisation across the Emirates, and a relentless appetite for convenience. Recent statistics project that the UAE’s food last-mile delivery market will reach a value of USD 2.2 billion by 2025, growing at a compound annual rate of 14.2% from 2020 to 2025.

Similarly, the e-commerce sector has witnessed a remarkable uptick in delivery volumes, with online retail sales in the UAE expected to surpass USD 31 billion by Q4 this year largely due to the prominent marketplaces like Temu and Shein. The COVID-19 pandemic has further accelerated this surge in demand, prompting consumers to embrace online shopping and home delivery services at an unprecedented pace.

Cost Impact and Operational Cause

While the growth prospects for the food and e-commerce delivery sector in the UAE are promising, businesses face a myriad of challenges, particularly concerning delivery costs and operational efficiency. Fluctuating fuel prices, labour expenses, and infrastructure investments exert pressure on delivery service providers and fleet operators to streamline operations and optimise costs without compromising service quality. The multiple stakeholders are affected at varying degrees with a responsibility to their riders being a factor (profit vs welfare).

Recent studies indicate that the average (all-inclusive/aggregated stakeholder) cost per delivery in the UAE ranges from AED 20 to AED 50, depending on various factors such as distance, delivery speed, CaC, servicing and maintenance and order volume (with customers seeing a AED 7-AED 20 price, plus ‘service fee’). However, achieving profitability remains a significant challenge for many delivery businesses, especially in light of fierce competition and evolving consumer expectations.

Forecasted Growth and Market Opportunities

Despite the challenges, the future outlook for the food and e-commerce delivery sector in the UAE remains optimistic, driven by technological innovation, demographic trends, and shifting consumer preferences. Industry analysts expect sustained growth in delivery volumes, driven by leading operators setting market milestones, adopting digital payments, and proliferating delivery platforms.

Furthermore, the emergence (approximately five years ago) of new delivery models, such as dark kitchens cloud kitchens, and autonomous delivery vehicles, presents exciting opportunities for businesses to enhance efficiency, reduce costs, and cater to evolving consumer demands. With the UAE government’s continued focus on digital transformation and infrastructure development, the stage is set for continued expansion and innovation in the delivery sector.

As ONE MOTO – Electric Vehicles pioneered two-wheeled electric vehicles in the GCC, generating a market leader presence was tough, a tremendous amount of knowledge sharing (by all stakeholders) in the value chain. As more of our electric delivery vans begin to roll out across the UAE we’ll once again demonstrate the positives of a sustainable delivery network – we’re looking forward to our partners making these announcements very soon.

To discuss our distribution model and to be a part of our next country launch get in touch

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