Business Standard

Uber gears up for an electric vehicle future amid rising competition

It has drawn up plans to include more electric vehicles in its fleet by tying up with manufacturers, fleet owners and charging stations

Uber, uber ev
Premium

Surajeet Das Gupta New Delhi
Uber Inc is making a quiet tryst with electric vehicles (EVs). In the next three years, based on its demand projection, the shared mobility aggregator said it would need 150,000 to 200,000 new vehicles to be boarded on its platform to cater partly to expansion and partly to replacing old vehicles.

But this time, Uber has included a new parameter in its plan. By 2025, 25,000-30,000 cars — 12 to 16 per cent of vehicle additions — would be EVs. It will replicate this model in two-wheelers, for which it has tied up with Zypp, a D2C start-up, as an

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in