In a world grappling with environmental concerns and the need for sustainable transportation, Narendra Jha, a serial entrepreneur, has emerged as a visionary leader. As the Founder & CEO of EVA2Z, Jha is on a mission to revolutionize electric mobility and promote a greener way of traveling. In this exclusive interview with CEO VINE, he shares his entrepreneurial journey, the inspiration behind EVA2Z, and the challenges and triumphs he has encountered in scaling the business.
Can you tell us about your journey as an entrepreneur and what inspired you to start EVA2Z?
- My journey as an entrepreneur began with the desire to create an impact on the lives of billions of people while benefiting the environment. I was drawn to alternative energy fuel, particularly electric vehicles (EVs), due to their rapid growth and zero emissions. With the vision to build a seamless EV ecosystem, EVA2Z was born – a one-stop platform for all EV needs. We started with Last Mile Delivery, but our ultimate goal is to enter various EV infrastructure verticals to drive easier and Mass adoption of EVs.
What sets EVA2Z apart from other players in the electric vehicle industry, and what unique value do you bring to the market?
- EVA2Z is distinguished by its mission to make EVs more convenient, affordable, and carbon-free, aiming to surpass existing IC Engine vehicles in user convenience. We are heavily investing in technology, which may have high initial costs, but it will enable us to scale up to one million EVs in India and expand globally. Our focus on automation, efficient payment systems, and smooth customer experience sets us apart from competitors.
As the CEO of EVA2Z, what are the key challenges you’ve faced in establishing and scaling the business?
- As a startup CEO, the early challenges involved acquiring good clients, forming the right team, tweaking our revenue model, and gaining traction. However, the most critical challenge is assembling a team of motivated individuals who work well in uncertain environments. Finding the right people in their expertise, surrounded by those smarter than myself, has been instrumental in overcoming hurdles and driving growth.
With your experience in other successful startups like Gozipp and Mak Livings, how has that knowledge influenced your approach to building EVA2Z?
- Each of my previous ventures has provided invaluable learnings, shaping my entrepreneurial journey. Founding multiple startups has instilled a focus on the bigger picture and prevented being absorbed in day-to-day operations. My experiences have emphasized the importance of continuous learning, seeking solutions to problems, and finding trustworthy partners. The vision of creating a pollution-free India, fostering employment, and promoting an EV ecosystem drives me forward.
Could you share some insights into EVA2Z’s electric vehicle rental offerings and how they cater to last-mile connectivity solutions?
- EVA2Z offers micro-mobility services using electric two-wheelers to address traffic congestion and air pollution in urban India. Our rental options, including low-speed and high-speed vehicles, are cost-effective and cater to monthly payment plans for clients. Currently, last-mile connectivity is our core business model, but we plan to expand into other EV verticals to ensure an easier adoption of EVs.
What has been the impact of EVA2Z on reducing the use of fossil fuels in transportation and promoting a greener way of traveling?
- EVA2Z has made significant strides in curbing pollution and promoting a greener way of traveling. Within the last 3-4 months, we have saved around 110,000 kg of CO2 emissions. As EV adoption gradually increases, we envision a future where EVs dominate the transportation sector, with the support of government subsidies and other schemes.
As someone who has successfully founded multiple startups, what personal qualities or characteristics do you believe have been essential in your entrepreneurial journey, and how have they contributed to your success?
- A strong foundation in research and problem-solving skills have been crucial in my entrepreneurial journey. Possessing leadership qualities and a continuous drive to excel have helped me navigate the long-term game of entrepreneurship. Aiming to improve fundamental skills and having a deep understanding of business have been instrumental in my success.
What strategies have you implemented to foster corporate tie-ups and collaborations for EVA2Z’s growth and expansion?
- Establishing trust has been key in securing corporate tie-ups and collaborations. Maintaining a strong presence on social media and adhering to agreements for future business prospects have facilitated our growth. We also prioritize timely service and payouts, which acts as a catalyst in forming successful partnerships.
Can you share a specific instance where EVA2Z’s initiatives have made a positive impact on the community or the environment, and how does that align with your personal values?
- EVA2Z’s initiatives have already saved around 110,000 kg of CO2 emissions in the last few months, contributing to a cleaner environment and society. Aligning with my personal values, we are committed to making cities pollution-free and providing the best and affordable services to our clients, aiming to have a lasting positive impact on the environment and society.
How do you ensure the quality and safety of the electric vehicles provided by EVA2Z for its customers?
- We prioritize quality and safety by implementing a strong monitoring and antitheft system on our website and app. Each vehicle is equipped with an in-built GPS, allowing us to keep track of their locations through a monitoring dashboard. In addition, we have tie-ups with EV-Garage to provide seamless RAS (Roadside Assistance Service) whenever necessary.
Balancing multiple ventures and leading successful startups can be demanding. How do you manage your work-life balance, and what activities or hobbies do you engage in to recharge and stay focused?
- Managing multiple ventures requires a disciplined approach. My morning routine, involving reading, meditation, and exercise, sets the tone for the day. Disconnecting from work-related matters by 8 pm allows me to spend quality time with my family. Prioritizing self-care, maintaining a healthy work-life balance, and delegating when necessary help prevent burnout.
What are your long-term goals and vision for EVA2Z in the coming years, and how do you plan to achieve them?
- EVA2Z’s long-term vision is to create an ecosystem of electric vehicles that facilitates easier and cheaper mobility for millions in India and beyond. By December 2027, we aim to have one million EVs in operation, leading the charge towards zero-emission vehicle infrastructure. In the short term, we plan to scale up to 200,000 EVs in the market by focusing on automation and strategic tie-ups with corporates, universities, and tourist places.
In conclusion, Narendra Jha’s entrepreneurial journey is a testament to his commitment to creating a greener and sustainable future. Through EVA2Z, he envisions a world where transportation is shared, affordable, and carbon-free. Leveraging his experience, passion, and visionary approach, Jha strives to transform the transportation landscape and positively impact millions of lives through EV adoption. With a relentless focus on innovation, technology, and customer experience, EVA2Z is poised to play a pivotal role in the electrification revolution.
