You are here: Home » Companies » News
Business Standard

Now, you can rent a cycle from Zoomcar

Zoomcar expects to cross 10,000 cycles on road in 2017 with much larger expansion plans to follow in 2018

ANI  |  New Delhi 

Photo: Reuters
Photo: Reuters

Self-drive car sharing platform on Wednesday announced the launch of PEDL, a technology-enabled In this new segment, will provide individuals with a convenient, affordable, and environmentally friendly for short trips around the city, and local use cases such as grocery shopping, errand running, and last mile commuting. expects to cross 10,000 on road in 2017 with much larger expansion plans to follow in 2018. After several weeks in the pilot, presently operates over 500 in three cities - Bangalore (HSR Layout), Chennai (Besant Nagar) and Kolkata (Golf Greens). was designed to complement Zoomcar's existing car sharing business through serving an additional part of the personal transportation stack. At its core, imbibes the principle of hyper-local urban mobility by offering at multiple pickup points across various neighbourhoods in a city. At scale, will be present every 50-100 meters in a city. "In recent times, we've observed a huge market gap for trips shorter than five kilometres and we firmly believe that the cycle 2.0 is best positioned to serve these use cases. strongly compliments our core car-sharing service as we continue to make a meaningful contribution to air quality improvement across Indian cities. At present, we're speaking to various governmental bodies to craft policies and design urban infrastructure that will help ensure the responsible propagation of dock less cycle sharing across the country," said CEO and co-founder Zoomcar, Greg Moran. come with various unique features including but not limited to custom designed aluminium alloy frames and drum brakes, anti-slip chains, airless solid tyres, and height adjustable seats.

These are designed to support over 24 months of intensive use while ensuring industry low maintenance costs and extremely high levels of customer satisfaction. The are built with smart locks which are easily unlocked using a QR Code. PEDL's robust IoT stack is an extension of Zoomcar's Cadabra IoT platform and includes real-time GPS tracking, solar battery charging, and built-in alarms. Each cycle also comes outfitted with a multipurpose basket to afford the customer greater convenience in travelling for work or leisure. The process of using a is simple - walk up to a location, pay via Paytm, and drop the cycle off when done at any of the locations. are priced for the masses at an affordable Rs 10 per half an hour. Limited time launch promotions are currently running in select areas. Prior to the official launch, observed a strong civic push from a large number of individuals across cities as it related to clean air and congestion alleviation. As such, also has the option for anyone to become a Host by allowing to be placed at the individual's residence.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Wed, October 11 2017. 13:16 IST
RECOMMENDED FOR YOU