E-TRO Rent N Ride Target

Target

India's EV Market Demand vs Rent n Ride’s 5-Year Roadmap (2025–2030)
“Where Demand Meets Vision. Where Opportunity Meets Action.

1. Market Demand: Surge in Last-Mile Delivery Needs

Fact: By 2030, India’s e-commerce sector is expected to handle over 10 billion deliveries annually, especially through quick commerce platforms like Zepto, Blinkit, and Swiggy Instamart.

🎯 Our Target: 50,000+ EV Scooters in Operation Rent n Ride will deploy over 50,000 electric scooters to meet the rising demand of delivery partners who need affordable and accessible EVs across India.

2. Market Demand: Low-Cost, Low-Maintenance Mobility for Gig Workers

Fact:Over 80% of India’s gig workforce lacks access to personal vehicles and prefers rental options over ownership.

🎯 Our Target: Empower 1,00,000+ Micro-Entrepreneurs With flexible plans and zero-risk recurring income, we’ll onboard over 1 lakh people into our earning ecosystem, turning riders into owners and owners into earners.

3. Market Demand: EV Rental Market to Cross ₹20,000 Cr by 2030

Fact: India’s electric vehicle rental market is growing at a CAGR of 25%, driven by government subsidies, fuel savings, and environmental consciousness.

🎯 Our Target: Build a National Rental Infrastructure From Tier 1 to Tier 3 cities, we’ll create a pan-India rental ecosystem of local delivery points, city fleets, and individual owners, maximizing vehicle utilization and income opportunities.

4. Market Demand: Growing Demand for Green, Sustainable Businesses

Fact: By 2030, India aims to electrify 30% of all vehicles and offset millions of tons of carbon emissions.

🎯 Our Target: Save 10 Million+ KG of Carbon Emissions Through our EV fleet, we will directly contribute to reducing over 10 million kg of CO₂, aligning with the Government of India’s Net Zero and Green Energy Mission.

5. Market Demand: Job Creation & Local Entrepreneurship

Fact: There’s a growing push toward self-employment and franchise-based microbusinesses in logistics, transport, and delivery.

🎯 Our Target: 1,000+ Rent n Ride Showrooms/Delivery Points We’ll launch over 1,000 EV fleet hubs, where Entrepreneur Package holders can build their own business, manage fleets, and generate employment in their locality.



The Rent n Ride Roadmap (2025–2030)

Roadmap

Year Scooters Entrepreneurs Delivery Points CO₂ Saved (kg) Expansion Goal
2025 5,000 10,000+ 100 1M+ Tier 1 & 2 Cities
2026 15,000 25,000+ 300 3M+ Tier 2 & 3 Cities
2027 25,000 50,000+ 600 5M+ PAN India
2028 40,000 75,000+ 800 8M+ Sri Lanka, Nepal
2030 50,000+ 1,00,000+ 1,000+ 10M+ 5+ Countries

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