Ride-hailing Uber –a US-based company that offers services which includes peer-to-peer ridesharing, ride services hailing, food delivery(Uber Eats), and a micro-mobility system with electric bikes and scooters, has announced its plan to quadruple its 350 electric vehicles fleet (EVs) to 1,500 in India by the end of the year.
Uber India President, Pradeep Parameswaran said in an interview that India has the air of being a growth market in the next ten years. With its continued partnership with the auto industry and startups in launching new and innovative products.
Additional to Parameswaran’s interview, he said that the Original Equipment Industry (OEM) in India is “very evolved and robust”. Uber India is planning to actively partner with OEMs, financiers and technology service providers for charging infrastructure that is building these form factors and bringing its riders base, safety, and marketplace technology.
Uber’s move towards electric mobility is driven by a two-fold agenda – better business economics and increased government push.
“Next year, we will accelerate that push with a focus on two- and three-wheelers…EVs will become a meaningful part of the overall portfolio in 24 months,” Parameswaran said.
Electric two-wheelers and three-wheelers are already commercially obtainable, however, electric four-wheelers might at least take three years or longer to be manufactured.
The Indian unit is looking into forming deliberately planned partnerships with national startups and organizations, feasibly extending some of its existing tie-ups.
Take for example when Uber has test-driven electric autos in Chandigarh, with the partnership of SUN Mobility. Under this, SUN mobility has conferred its energy infrastructure which includes swappable smart batteries and quick interchange stations to select original equipment manufacturers (OEMs) for building electric autos.
Before, Uber has also collaborated with Yulu – a Bengaluru-based dockless bicycle-sharing platform. This collaboration has given Uber users to freely access the Yulu app.
Electronic Vehicles (EV) is a fully electric vehicle that runs on a rechargeable battery powering an electric motor. It has only around 20 moving parts in an electric engine, compared with nearly 2,000 in an ICE (internal combustion engine), meaning EV’s will need a lot less maintenance.