India’s first agri-tech player joins global EV 100 initiative

India’s first agri-tech player joins global EV 100 initiative

WayCool joins the EV100 program of the global non-profit Climate Group, becoming the first food and agritech company in India to do so. By encouraging proactive businesses to convert their fleets to electric vehicles (EVs) by 2030, EV100 hopes to establish electric transportation as the new norm. The news coincides with Climate Week NYC 2022, which Climate Group organizes.

WayCool will convert its last-mile delivery fleet to electric by 2030 by signing up for #EV100. By 2030, they’ll also put in 50 locations in India with charging stations for employees and clients. With a network of more than 150K farmers, WayCool operates in 50 locations across the nation and manages more than 1200 tonnes of food items daily. The food processing and agri-commerce supply chain will be significantly decarbonized thanks to EV100 agreements from companies like WayCool.

WayCool was warmly welcomed to the EV100 as it joined a global network of forward-thinking businesses making significant progress in addressing climate change by Divya Sharma, India Executive Director at Climate Group. WayCool has set an example for other companies by pledging to step up its involvement in electric transportation. She continued, we also like their approach to pursuing climate targets inclusive of all economic sectors.

WayCool joins over 120 businesses worldwide, 13 of which are from India, in committing as the EV100 project marks its fifth anniversary this month at Climate Week NYC. By 2030, they want to convert more than 5.5 million automobiles to electric power.

Significant portions of the world’s greenhouse gas emissions come from the food and agriculture industries. WayCool is dedicated to creating and advancing a supply chain that is climate resilient and a #sustainable food economy. WayCool is a purpose-driven organization and one of India’s fastest-growing food and agri-tech platforms. They have shown over the past seven years through several case studies how businesses can be both climate and business-smart. One of its main areas of interest is the electrification of fleets. Given that it has already converted 20% of its last-mile delivery fleet to EVs, it has insightful information to impart to the larger EV100 community.

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