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Adani Group to partner with Uber to roll out electric car fleet
The Adani Group has no plans to manufacture EVs, but will instead buy them and brand them under its name.
According to media reports, Gautam Adani-led Adani Group is in talks with Uber Technologies to roll out electric cars on the ride-hailing platform.
Adani Group chairman Gautam Adani met Uber CEO Dara Khosrowshahi on February 24, 2024, to discuss a new strategic partnership between the two companies. As part of the deal, the services of Uber would be integrated into the Adani One mobile app, allowing customers to book a cab to or from the airport.
The Adani Group has no plans to manufacture EVs. Instead, the company will buy electric vehicles and brand them under its name. These vehicles will be deployed on Uber’s ride-hailing platform.
Globally, Uber is in the process of upgrading its ageing fleet with EVs as the company looks to transition into a zero-emission mobility platform before 2040. The partnership is also expected to boost the adoption of EVs in India.
Source: TOI
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Adani Group planning to set up EV business
The Adani Group plans to invest US$ 70 billion in the green energy sector.
The Adani Group, led by Gautam Adani, is planning to enter the electric vehicle (EV) space. The company has filed a trademark for the 'Adani' name, proposed to be used for vehicles.
According to media reports, Adani is likely to focus on the electric commercial vehicle segment. Electric trucks and buses built by the company will be initially put into service at airports and ports owned by the Adani Group.
Additionally, the Adani Group plans to set up a battery manufacturing unit in India. It will also be setting up charging stations across the country.
Adani is making inroads into the green energy space, close on the heels of Reliance. The company plans to invest US$ 70 billion in this sector.
Source: ET Auto
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