Creating a first-of-its kind electric vehicle mobility ecosystem in the last mile connectivity space: Smart-E

The Smart-E model is a hybrid between Meru and Uber. The company does not own the asset, in this case the e-rickshaws. In collaboration with a number of banks, loans are arranged for the e-rickshaw drivers to buy the vehicle. But, the drivers pay Smart-E an operating commission that takes care of infrastructure issues such as dedicated parking and charging stations for the vehicles, as well as help with licensing of vehiclesIt also ensures that the drivers are trained, arranges parking infrastructure, and builds a network of charging stations. The entire process will be micro-managed; from details such as routes, timings, and even the battery to be used in the vehicles.Another interesting aspect of Smart-E is that it aligns itself with the Make in India initiative. These electric vehicles are custom-manufactured in Sonepat. They are also equipped with GPS and CCTVs, addressing the issue of commuter safety. The timings of the e-rickshaws are synchronised with the metro rail timings to minimise waiting time for commuters. Operational design of Smart-E has passenger safety at its core, and at no time can more than four passengers ride in a vehicle. The fare too is affordable – Rs 10 for the first pit stop, and Rs 5 for every kilometre, thereafter.

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