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Apollo Tyres deploys EVs for last mile deliveries

29 Jan 2022 Evaluate

Apollo Tyres has taken the first step towards reducing its carbon footprint across its value chain. The company has kicked-off a pilot initiative by deploying Electric Vehicles (EVs) for the delivery of tyres from its regional distribution centre (RDC) to multiple Business Partners in Bengaluru, in the southern part of India.

This initiative, while on one hand, shall address the concern of growing environment pollution, it will also help in providing solution to mitigate impacts of climate change.

Apollo Tyres is one of the leading tyre manufacturers in India with its product portfolio spread across tubeless and tube type tyres for cars, suvs, trucks, buses etc.

Peers
Company Name CMP
MRF 125528.60
Apollo Tyres 411.80
JK Tyres & Inds. 349.55
Ceat 3468.20
Balkrishna Inds. 2267.75
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