Uber Pushes EV In India, To Go All-Electric By 2040

Uber Green to start in June in Delhi, Mumbai and Bengaluru offering EV cabs.

Uber Technologies, the Global Ride-hailing platform, on Wednesday, announced its plans to introduce ‘Uber Green’ in India. Under the latest offering, the company will let users book electric vehicle (EV) cabs in Delhi, Mumbai and Bengaluru starting in June. Uber Green was launched globally in 2021 and is presently offered in 15 countries.

Uber India will add 25,000 EV cars and 10,000 electric two-wheelers over the next two years. For the deployment of its four-wheeler fleet, the platform will collaborate with Lithium Urban Technologies, Everest Fleet Private Limited, and Moove. It will work with Gurugram-based EV start-up Zypp Electric for the deployment of its two-wheeler fleet. 

The company will join hands with micro-lender SIDBI to finance the fleet and build charging stations. It plans to loan up to Rs 1,000 crore or $122.3 million. It will also tie up with Jio-BP and GMR Green Energy to develop new charging infrastructure as well as access their already existing charging network. Uber is already in agreement with BP Pulse outside of India for the same.

Uber is committed to creating a zero-emission mobility platform globally by 2040 and in Europe and North America by 2030. The business connected 31 million different riders with EV rides in 2022, tripling its EV fleet.

South Asia President Prabhjeet Singh and Andrew Macdonald, Senior VP of Mobility and Business Operations at Uber believe that going all-electric is a challenge but it is the company’s way to combat climate change and pollution.

The move comes as a new entrant BluSmart, an electric mobility start-up backed by BP’s venture fund, is eroding the dominance of Ola and Uber with bets on an all-electric taxi fleet and an aggressive bid to lure disgruntled passengers and drivers from the incumbents.

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