On Friday, the domestic intra-city logistics startup COGOS partnered with Maruti Suzuki, the largest automaker in India, to make it simple for COGOS’ driver partners to adopt compressed natural gas (CNG) vehicles.
This “project, a first in the logistics industry, is accessible for CNG cars to encourage sustainable and green logistics,” the company claims. The offer has been put into place with the assistance of Maruti Udyog’s Kalyani Motors to aid in national promotion of the Driver-Cum-Owner (DCO) model.
The short-haul and last-mile delivery segments account for almost 50% of the $150 billion domestic transportation logistics market. Currently, third-party logistics handle 30% of this; the remaining 70% are dispersed among numerous small suppliers and DCOs.
Small transporters often manage a certain fleet and lease them to their customers on predetermined terms. Others use the DCO business model and look for clients through commission-based freight brokers and consolidators.
In the past, COGOS has also collaborated with a number of financial institutions to make it simple for driving partners to finance the purchase of EVs. It recently bought Porter’s fast-moving consumer goods (FMCG) trade company, and earlier this year it revealed its expansion into three new states.
