Every year, October 30th is observed around the world as World Savings Day. 

It was initially conceived to increase people’s awareness on the importance of savings, both for modern economies and for individuals alike. Saving was considered to be an expression of maturity of both the people and the country, and as a “task of moral and economic elevation”. World Savings Day was born of this idea to promote the fact that savings can lead to a higher standard of living.

On World Savings Day 2021, we want to highlight how Yulu helps enable saving on many fronts.

At Yulu, we have always strived to create the most efficient, sustainable and affordable means of commute. At the same time, our aim is to see to it that by using Yulu for their daily commute, people not only save their time and money but also play a small role in saving the environment from the harmful effects of climate change. 

Yulu: Saving for a better future

It is a fact of urban life that price inflation has made affordability and savings a thing of careful planning and everyday consideration. 

Fuel costs have risen so high that using personal vehicles for everyday commute in cities like Bengaluru, Mumbai, or Delhi, with their congested roads and heavy traffic, has made it a difficult proposition. But is it necessary to forgo our comfort for savings?

With Yulu, we wanted to bring back a means of transport that would be accessible to all irrespective of their financial status. With its nominal and fixed rental rates, people don’t have to be anxious about the rising fuel prices eating into their monthly expenses while using Yulu Bikes.

By using Yulu for their daily needs, students, migrants, everyday commuters, and short-mile delivery workers have found a new means to commute. It not only provides them with a vehicle in the city but also enables them to save money while riding it. 

Saving the planet, one ride at a time

Urban cities also bring with it incessant traffic problems which consume a lot of people’s time. Yulu’s ergonomic and efficient design makes it easier to traverse the traffic and city roads better. The strategic placement of Yulu Zones in multiple locations across several major cities also makes it incredibly easy for a user to depend on Yulu bikes. 

The most important aspect that Yulu helps us save however is our planet. 

With the use of electric-powered bikes, Yulu has pioneered a revolution in the Indian shared mobility sphere and helped us save the environment from the dire consequences of pollution and climate change by reducing the carbon emissions that are produced by fossil fuel-powered vehicles. 

Electric Vehicles are the best way for a cleaner, more environmentally friendly future and Yulu has helped people take the right steps in saving time, money and our planet.