Uber Green Set to Establish Presence In India Starting June 2023

Highlights :

  • The company will make its first presence in three Indian cities–Bengaluru, Mumbai, and Delhi.
  • The initiative will enable riders to book all electric cabs, having zero tail-pipe emissions.

Ride-sharing app Uber Green is set to mark its entry into India in June 2023. The presence of the firm will be established first in the three cities of Bengaluru, Mumbai, and Delhi. The initiative will enable riders to book cabs that are all-electric and have zero tail-pipe emissions. At present, Uber Green is operational in more than a hundred cities across 15 countries.

India Partnerships

Uber has forged several partnerships in India to accelerate its presence in the country. The firm has joined hands with Zypp Electric towards deploying 10,000 electric two-wheelers in the capital city of India by 2024. It has also joined hands with Lithium Urban Technologies, Everest Fleet Pvt Ltd, and Moove for the introduction of 25,000 electric cars. These will be introduced across the top seven cities witnessing the highest demand in the span of the next three years.

Uber has entered into an agreement with the Small Industries Development Bank of India (SIDBI) to aid with the procurement of electric and CNG vehicles. The partnership will pave the way for the availability of loans that are affordable at close to Rs 1,000 crore.

Uber is also making headways into India with charging infrastructure. It has partnerships with Jio-bp and GMR Green Energy towards this.

Uber has set its sights on transforming into a zero-emissions mobility platform. It is looking at the timeline to achieve this goal by 2030 in Europe and North America. The global target has been fixed for 2040.

Earlier, Tata Motors and Uber signed an MoU to supply electric sedans. Under the agreement, Tata Motors, India’s largest maker of electric cars, will supply 25,000 of its X-Pres-T electric sedans to the ride-hailing giant. It is said to be India’s largest order for electric vehicles between the EV manufacturer and the ride-hailing company in India.

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