BluSmart to break even by March; two mfg units on cards: Anmol Jaggi

The EV ride hailing service plans to double its fleet by year end; to explore quick hail

BluSmart, an electric mobility player in the National Capital Region's ride hailing space, is gearing for expansion with a slew of new services and businesses, ranging from offering quick hail to venturing into new cities and having in-house EV manufacturing.

The parent company, Gensol Engineering, is setting up two manufacturing units – one for four-wheelers, the others a unique offering of three-wheeler reverse trike EVs, Anmol Singh Jaggi Co-founder and CEO, BluSmart told Business Standard. Jaggi is also chairman and managing director, Gensol Engineering, a listed firm with interests across the green energy supply chain.

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