Hyderabad, August 30, 2024 – Volta, an innovative ride-hailing app founded by Sashikanth Kanaparthi and led by CEO Raja Vikram, has announced a strategic partnership with Varks, a leading EV scooter manufacturer. Together, they plan to introduce 1 lakh electric scooters to Volta's fleet over the next five years. Speaking on the occasion, CEO Raja Vikram said, "Volta is committed to creating an EV ecosystem in the ride-hailing market, making EV benefits more impactful for both users and the environment." These eco-friendly vehicles will serve Volta’s ride-hailing customers and parcel delivery services.
Varks' Founder and CEO, Mr. Sriram Vemireddy, expressed his happiness over the partnership, stating that this is a first step toward making urban commuting cleaner and more efficient. Mr. LN Rao, COO of Varks, added that this collaboration aligns perfectly with Volta's mission to improve lives and reduce pollution by focusing on the environment.
Volta has built a reputation as a company that offers affordable, convenient, and transparent ride services. With features like digital meters, zero commission for drivers, and an emergency SOS button, Volta remains committed to benefiting both users and drivers. This partnership further showcases Volta's dedication to the future of transportation. Under the leadership of Mr. Ram Vemireddy and Mr. LN Rao, Varks continues to lead the electric vehicle revolution by producing high-performance scooters that cater to the needs of modern urban living.
The collaboration between Volta and Varks is set to redefine the ride-hailing and parcel delivery landscape in Hyderabad, focusing on environmental conservation and enhancing transportation efficiency.
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