"This year, our main target is on sustainability, where we are inducting vehicles, which are electric and bio-CNG...We already have more than 300 cars, which are electric. This year, we will be inducting more than 1,000 electric cars and electric buses," Vashist told PTI.
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Driving Toward a Greener Future: WTicabs to Induct 1000 Electric Vehicles
"This year, our main target is on sustainability, where we are inducting vehicles, which are electric and bio-CNG...We already have more than 300 cars, which are electric. This year, we will be inducting more than 1,000 electric cars and electric buses," Vashist told PTI.
The founder of WTicabs, a well-known mobility service provider in India, Ashok Vashist, revealed through PTI that the company will be adding 1000 more electric vehicles to it’s fleet, marking a significant step towards a more ecologically friendly future. He believes this initiative will reduce it’s carbon footprint and promote environmentally responsible forms of transportation in the coming years.
Speaking about the initiative, Mr. Ashok Vashist highlighted the company's focus on sustainability and it’s existing fleet of over 300 electric cars. The spokesperson also mentioned plans to introduce more electric cars and electric buses, further solidifying WTicabs position as a pioneer in sustainable transportation solutions.
WTicabs commitment to sustainability extends beyond it’s vehicle fleet. The company is also exploring other eco-friendly initiatives, such as the use of bio-CNG vehicles, a first of it’s kind in car rental businesses citing “ This is something new which has come and we will be the first company to start commuting people through bio-CNG fuels. This is absolutely sustainable. Let's see how much we invest in the bio-CNG project.”
Currently, WTicabs operates a fleet of over 8,000 cars and is present throughout most of the tier-1 cities with a possible fast expansion in tier II cities like Jaipur, Coimbatore, Indore and Bhubaneswar. The company has opened 17 airport counters and is catering to more than 700 business clients. The company has expanded it’s first international venture in Dubai and is looking to expand further in the far east countries.
Talking about sustainability as a whole, Mr Vashist disclosed the company’s plans to install solar panels in some of the major hubs, such as Bengaluru and Delhi, to create electricity, supply it to the grid and then take it back. He also declared that the company closed FY24 at INR 409 crore, up from INR 250 crore and is targeting at least 30-35 per cent growth in FY2025.
For an in-depth overview into the various news that have been published on this topic, refer to the links below:-
https://yourstory.com/2024/04/wticabs-plans-to-induct-1-000-evs-in-its-fleet-this-fiscal
https://www.newsdrum.in/business/wticabs-plans-to-induct-1000-evs-in-its-fleet-this-fiscal-4481485
https://hindi.theprint.in/india/economy/wticabs-plans-to-add-1000-evs-to-its-fleet-this-year/681958/
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