Ola and Uber are currently the only two online cab aggregating services in India, and the competition amongst them is huge! Well, there will soon be another cab aggregator to jump into the war, and this one will be launched by one of India’s most powerful businessmen – Anand Mahindra of the Mahindra & Mahindra […]
Hyundai and Uber Release New Full-Scale Air Taxi Model at CES
Uber and Hyundai Motor Company have announced a new partnership to develop Uber Air Taxis for a future aerial ride share network and unveiled a new full-scale aircraft concept at the Consumer Electronics Show. Hyundai is the first automotive company to join the Uber Elevate initiative, bringing automotive-scale manufacturing capability and a track record of […]
Uber partners with Hyundai on electric air taxi
SEOUL: U.S. ride-hailing company Uber Technologies Inc (UBER.N) and South Korean automaker Hyundai Motor (005380.KS) have teamed up to develop electric air taxis, joining the global race to make small self-flying cars to ease urban congestion. Global players like Germany’s Daimler (DAIGn.DE), China’s Geely Automobile (0175.HK) and Japan’s Toyota (7203.T) have all unveiled investments in […]
Uber and Sun Mobilty come together to deploy e-three wheeler in India
Uber and Sun Mobilty come together to deploy e-three wheeler in India The availability of swappable lithium-ion batteries will reduce the overall cost of ownerships of such eco- friendly vehicles Ride hailing applications like Uber and Ola have been trying to increase the share of EVs on their respective platforms New Delhi: Chetan Maini-led Sun […]
Bhavish Aggarwal On How Ola Battled Uber To Come Out On Top In India
Uber was outspending Ola 5:1, Aggarwal claimed at a recent fireside chat Also revealed that Ola had just half a million dollars in account when Uber entered India The company will be ramping up hiring in Silicon Valley this year Everyone knows that Uber gave Ola a serious run for its money when it launched […]
Hyundai needs ‘more clarity’ on India’s electric vehicles policy, per report; our take
Hyundai believes that “more clarity is needed” on India’s electric vehicles policy framework for its “right implementation”, reports the Economic Times. SS Kim, MD, Hyundai Motor India said that while India’s push towards electric mobility is a “step in the right direction”, his company is still unsure if the government’s plans for EVs were “officially […]
Proposed rules in India could force Uber to go electric
Ridesharing and taxi services in India might have to achieve 40 percent electrification by 2026. Uber has been trying to get more electric vehicles to join its fleet for a while now, but it might have to find a way to speed things up if India passes a set of proposed rules for clean mobility. […]
India set to order Uber, Ola, other taxi aggregators to go electric
All new cars sold for commercial use to be electric from 2026 Scooters, motorbikes sold for commercial use to be electric from 2023 New Delhi: India plans to order taxi aggregators such as Uber and Ola to convert 40% of their fleet of cars to electric by April 2026, according to a source and records […]
Uber, Ola rides could soon be in electric cars in India: When and how
As a part of the new draft for electric mobility policy, all new cars sold for commercial use to be electric from 2026. While Scooters, motorbikes sold for commercial use will be electric from 2023. The Indian government is preparing to order Ola and Uber to convert 40% of its fleet to all-electric vehicles by […]
Electric Ridesharing Benefits the Grid, and EVgo Has the Data to Prove It
Rideshare services like Uber and Lyft are offering more electric vehicles, boosting the need for fast charging. That may help the grid in high-solar states like California. Electric-vehicle charging at scale could be a blessing or a curse for the grid. In the best-case scenario, plug-in vehicles charge up at times that align with needs […]