India plans to order taxi aggregators like Uber and Ola to convert 40% of their ...
NEW DELHI - India plans to order taxi aggregators like Uber and Ola to convert 40% of their fleet of cars to electric by April 2026, according to a source and records of government meetings to discuss new rules for clean mobility.
Some taxi players, like Ola, have previously attempted to operate electric cars in the country, but with little success given inadequate infrastructure and high costs. The recommendations will eventually become a formal policy, with or without changes, subject to approval by the federal government, the source said, adding the idea is to “push electrification through public transport.”
In a meeting in New Delhi on May 28, Niti Aayog officials and the ministries of road transport, power, renewable energy and steel, as well as the departments of heavy industries and trade, were among those recommending taxi operators in India gradually convert to electric. India has seen a boom in food delivery apps like Zomato and Swiggy, which counts Naspers and Tencent as investors. Sales by e-commerce firms like Amazon.com and Walmart-owned Flipkart are also rising.
While there are several electric scooter manufacturers in the country including Ather Energy, Hero Electric and Okinawa, there are only two car makers that build and sell electric cars - Mahindra & Mahindra and Tata Motors.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Can Uber Ever Be Profitable?
Lire la suite »
Uber Turns Over Nearly All Freight Revenue to Truckers, Analyst SaysA Morgan Stanley analysis suggests Uber Freight is undercutting its brokerage competitors as it chases market share.
Lire la suite »
Uber analysts ride dreams to common destinationThey expect the $70 bln ride-hailing app to lose money for years but see various grounds for optimism, from cross-platform synergies to flying cars to demographics. Yet most roads lead to a forecast price upside of around 25%. It’s Wall Street’s form of herd immunity.
Lire la suite »
Uber's IPO underwriters recommend buying, estimate deep lossesUnderwriters of Uber Technologies' initial public offering on Tuesday overw...
Lire la suite »
Buy Uber because it will be a leader in the coming 'offline era,' Raymond James saysRaymond James says 25% revenue growth over the next five years is attainable for ride-hailing company Uber.
Lire la suite »