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Indian taxi startup BluSmart picks EV fight with Uber

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Indian ride-hailing startup BluSmart is seeking to challenge Uber and Ola for market share in the country with bets on an all-electric taxi fleet and an aggressive bid to lure disgruntled passengers and drivers from the incumbents.

in years ahead, with major implications for ride-hailing firms.and SoftBank-backed Ola, a full shift to electric vehicles is likely to be a massive undertaking that would come as both companies struggle with driver retention and customer satisfaction issues.

in February the company was adding more drivers and vehicles each month and would continue to address service concerns. In Delhi, 80% of the 2,750 new electric taxis registered between January and October 2022 belonged to BluSmart. EVs accounted for 25% of city's new taxis, from just 3% in 2019, data from consultancy Redseer showed.

 

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