Blowhorn plans complete switch to eco-friendly solutions by 2025

June 26, 2019: Tech-logistics start-up Blowhorn has made an environmentaly friendly commitment by announcing that it would move 50 percent of its fleet to eco-friendly mobility solutions like electric vehicles (EV), hybrid vehicles, CNG by the end of 2021 and 100 percent by 2025.

Currently, 10 percent of Blowhorn fleet already run on EVs and is environmentally sustainable.

In a move towards environmentally sustainable mobility, Blowhorn has been in advanced discussions with multiple stakeholders including several EV and battery manufacturers, technologies targeting EV alternatives, and the broader mobility ecosystem.

Mithun Srivatsa, co-founder and CEO of Blowhorn, said: "At Blowhorn, historically, we have focused relentlessly and successfully on sustainable unit economics, profits and on enhancing the livelihoods of our partner drivers. We are at an interesting inflection point where experimental technologies are poised to become mainstream. We have always believed that the future of smart logistics is green, and we hope that this public articulation of our commitment will spur more players in the broader logistics industry to follow suit."

Mithun Srivatsa, co-founder & CEO, Blowhorn

A dedicated team has been tasked with the drawing up a robust plan to make the ambitious goal a success. The Bangalore-based start-up also announced that it had expanded the roles of several of its most senior executives to drive this critical initiative.

Karthik Prabhakar, partner at Chiratae Ventures, added: “Electric mobility is a rapidly evolving sector, which will potentially grow the current landscape. Blowhorn is the innovation leader in intra city logistics and it was natural that they expanded into the new space.”

Blowhorn has investments from Chiratae Ventures (formerly IDG), MSDF, Draper Associates and Unitus Ventures.