Hepsiburada's (HEPS) HepsiJet Introduces Electric Vehicles

D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform, is advancing its logistics services with sustainable practices and innovative delivery methods. Hepsiburada's last-mile delivery service, HepsiJet has launched cargo distribution in select regions of Türkiye with 21 electric vans.

The electric vans offer high energy conversion efficiency, significantly contributing to sustainability by reducing carbon emissions. Using these vehicles in cargo distribution is expected to cut carbon emissions by approximately 0.21 tons per 1,404 kilometers traveled per vehicle each month. Additionally, the electric vans are also estimated to be more cost-effective, enhancing overall efficiency.

HepsiJet, a dedicated delivery service for e-commerce customers, is currently operating a vehicle distribution network of nearly 3,500 vehicles and plans to expand its electric vans network to 50 by the end of 2024. After the initial efficiency and performance evaluations, the goal is to increase the number of electric vehicles within the fleet.

Hakan Karadoğan, CEO of Hepsiburada Logistics Group, commented: "HepsiJet is a new generation cargo company focused on e-commerce. Our nature-friendly delivery vans represent a milestone in reducing fuel consumption and carbon emissions, creating an eco-friendly logistics network, and thereby meeting our larger sustainability goals."

The new electric vans commenced delivery in densely populated major cities i.e. Istanbul, Ankara, Izmir, Muğla, and Antalya.

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