Adani Group in talks with Uber to introduce electric passenger cars: Report - Hindustan Times
close_game
close_game

Adani Group in talks with Uber to introduce electric passenger cars: Report

By, New Delhi
Feb 26, 2024 09:03 AM IST

On February 24, Gautam Adani and Uber CEO Dara Khosrowshahi held a meeting during the latter's India visit.

A partnership to roll out Adani Group's electric passenger cars on Uber's ride-hailing platform formed part of discussions during the February 24 meeting between Gautam Adani and Uber CEO Dara Khosrowshahi, who is currently on a visit to India, The Times of India has reported.

**EDS: IMAGE VIA @gautam_adani TWEETED ON FEB. 24, 2024** New Delhi: Adani Group Chairperson Gautam Adani with Uber CEO Dara Khosrowshahi during a meeting. (PTI Photo)
**EDS: IMAGE VIA @gautam_adani TWEETED ON FEB. 24, 2024** New Delhi: Adani Group Chairperson Gautam Adani with Uber CEO Dara Khosrowshahi during a meeting. (PTI Photo)

Also Read | ‘For Uber, India is a state of mind and…’: CEO Dara Khosrowshahi

Also, under the proposed partnership, Uber's services will be brought under Adani One, which was launched in 2022, and offers services such as flight bookings, holiday packages, and cab bookings, with Uber integration.

Unlock exclusive access to the story of India's general elections, only on the HT App. Download Now!

How will the partnership help Adani Group?

As per the report, the Ahmedabad-based infrastructure major aims to enter the electric passenger vehicle segment, and, a collaboration with the San Francisco-based ride-hailing aggregator, helps to ‘fasten’ the former's play. The group, however, is already present in the commercial EV segment, and offers buses, coaches, and trucks.

Also Read | For Uber CEO Dara Khosrowshahi, India holds the key: 'If we can succeed here, we can succeed anywhere'

Also, though Adani Group is not into vehicle manufacturing, it has ‘huge’ requirements in its ports and airports businesses. Essentially, therefore, it will purchase cars, brand them, and add them to the Uber network. Recently, the group submitted bids for tenders floated by the government for more than 3600 electric buses.

How will the partnership help Uber?

The collaboration, if it happens, will play a role in helping the company meet its objective of replace its existing fleet with EVs across the globe, as it looks to transform itself into a ‘zero-emission mobility platform’ before 2040.

How will the partnership benefit India?

The partnership has the potential to boost the adoption of electric four-wheelers in the country, and could give Uber one of its largest electric vehicle fleet collaborations in the world.

Discover the complete story of India's general elections on our exclusive Elections Product! Access all the content absolutely free on the HT App. Download now!
Stay informed on Business News, TCS Q4 Results Live along with Gold Rates Today, India News and other related updates on Hindustan Times Website and APPs
SHARE THIS ARTICLE ON
Share this article
  • ABOUT THE AUTHOR
    author-default-90x90

    Follow the latest breaking news and developments from India and around the world with Hindustan Times' newsdesk. From politics and policies to the economy and the environment, from local issues to national events and global affairs, we've got you covered.

SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Friday, April 12, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On