Delhivery Share Price in Focus; Partners With Bajaj Auto to Electrify Last-Mile Delivery Fleet

Written by: Team Angel OneUpdated on: 23 Jun 2026, 9:53 pm IST
Delhivery and Bajaj Auto will deploy electric cargo vehicles across last-mile operations, with plans to scale the fleet to around 1,500 electric three-wheelers in the next phase.
Delhivery Share Price
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Delhivery has partnered with Bajaj Auto to accelerate the electrification of its last-mile delivery network through the deployment of electric cargo vehicles. 

The collaboration aims to improve operational efficiency, enhance rider earnings, and support sustainable logistics operations across metro and non-metro markets.  

First Phase to Deploy 200 Electric Cargo Vehicles 

Under the initial phase of the partnership, Delhivery will deploy 200 Bajaj RIKI eCarts across its last-mile delivery network. 

The rollout will extend beyond major cities and cover Tier-2 and Tier-3 markets as part of the company's broader fleet electrification strategy.  

Expansion Plan Targets 1,500 EVs 

The companies have also outlined a second phase planned for 2026-27. 

The expansion is expected to take the total deployment to approximately 1,500 Bajaj electric three-wheelers across Delhivery's logistics network. 

Rider Welfare and Safety in Focus 

The deployment is also aimed at improving working conditions for delivery partners. 

The electric cargo vehicles feature enclosed cabins, ergonomic seating, and enhanced cargo-carrying capabilities, helping reduce physical strain while improving safety and comfort during daily operations.  

Supports Sustainability Goals 

The partnership aligns with Delhivery's efforts to reduce emissions from its logistics operations. 

Replacing conventional fuel-powered vehicles with electric alternatives is expected to lower tailpipe emissions and support the company's broader environmental and sustainability objectives.  

Read More: Delhivery Share Price in Focus; Launches Delhivery Maps an India's 1st AI-Native Mapping Suite! 

Delhivery Share Price Performance 

As of 23 June 2026, at 2:40 PM, Delhivery share price was trading at ₹477.45 per share, reflecting a decline of 1.31% from the previous trading session. 

Conclusion 

Delhivery has partnered with Bajaj Auto to deploy electric cargo vehicles across its last-mile delivery network, beginning with 200 eCarts and targeting around 1,500 electric three-wheelers in the next phase. The initiative is expected to improve delivery efficiency, support rider welfare, and advance the company's fleet electrification goals.  

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jun 23, 2026, 4:22 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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