BluWheelz to invest $15 million in a year to deploy 10,000 EVs
Electric vehicle fleet provider BluWheelz said it plans to invest up to USD 15 million (about Rs 120 crore) in one year to deploy around 10,000 electric two-wheelers and three-wheelers for last-mile delivery. The company, which launched its EV fleet as a service (EFaS) operations on Tuesday, will initially own the fleet vehicles and provide services to e-commerce, e-grocery, FMCG, logistics, and D2C (direct-to-consumer) companies. It will also hire around 11,000 people, mostly as delivery partners, BluWheelz Founder…