Overview
The Adani Group is exploring a strategic partnership with Uber to introduce electric passenger cars in India. This move aligns with Uber’s commitment to transition its entire vehicle fleet to electric by 2040 and Adani’s foray into electric commercial vehicles.
Partnership Details
Adani Group’s proposed partnership with Uber would bring Uber’s services under Adani One, a platform launched in 2022 offering flight bookings, holiday packages, and cab bookings with Uber integration. Gautam Adani recently met with Uber CEO Dara Khosrowshahi to discuss potential collaborations.
Adani’s EV Initiatives
Adani Group has submitted bids for 3,600 electric buses in government tenders and plans to enter the electric passenger vehicle segment. The conglomerate is also investing $100 Bn across industries, including energy transition, over the next decade. Adani is constructing a large solar farm, 10 GW solar manufacturing capacity, and initiatives for EV charging stations and battery replacement.
Uber’s EV Commitment
Uber has introduced the environmentally friendly EV service, Uber Green, in Delhi and aims to replace its entire vehicle fleet with EVs by 2040. The partnership with Adani could accelerate the adoption of electric four-wheelers in India and enhance India’s gig economy.
Market Impact
The Adani-Uber partnership could have a significant global impact, positioning Uber as a leader in the adoption of electric vehicles. India, being one of Uber’s biggest markets globally, presents unique challenges and opportunities for the ride-hailing platform.
Future Outlook
The partnership between Adani Group and Uber signifies a major step towards sustainable mobility solutions in India. It also highlights the potential for collaborations between traditional conglomerates and tech-driven companies to drive innovation and environmental sustainability.
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- Source: https://timesnext.com/adani-group-seeks-tie-up-uber-electric-vehicle-venture/
