Papaya launches one stop shop marketplace for commercial fleets to source electric vehicles
Papaya Technologies has announced the launch of a marketplace dedicated to sourcing electric vehicles and service providers for commercial fleets.
Offering a range of vehicles - from cargo bikes to e-vans - as well as service providers, including maintenance and subscription-based EV suppliers, this is pitched as “a one stop shop providing a truly holistic view of the market”.
With cities and governments doubling down on their net-zero policies, fleet managers are under pressure to electrify their fleets before 2030.
However current emissions are going in the opposite direction. Last mile delivery emissions are on track to increase by over 30% in the top 100 cities globally, reaching 25 million tons of CO2 emitted annually by 20301.
Yet, in 2022 it was estimated that cargo bikes could replace around 51% of all motorised freight trips in European cities.
Papaya aims to accelerate fleet decarbonisation by solving this pain point: an opaque supply and fragmented market. There is no common operating system, which means limited visibility of a fleet’s current status resulting in enormous inefficiencies.
Geographical barriers compound the challenge, with fleets having to find regional and local solutions in each market they operate.
Papaya's marketplace complements its existing vehicle management platform.
This serves as a centralised hub, connecting fleets and service providers, enabling operators to optimise costs, collaborate with multiple suppliers, mitigate supply chain risks, and expand operations on a geographical and operational scale.
Since Papaya's launch, it has worked with the likes of Gopuff, Foodora and Zedify. It is live in multiple countries including the UK, Spain, France and Germany, and plans to continue expanding across every major European country.
Co-Founder and CEO, Santi Ureta, says: “I experienced first hand the challenges of electrifying and managing a fleet and it was a really painful experience. That’s why I wanted to build a simple platform to help others throughout the whole process.”
“With the marketplace, we are becoming a real ecosystem. Fleet managers and service providers can easily plug in and interact with each other. They source and manage fleets from a single platform and they can achieve all their operational and decarbonisation objectives faster.”
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