BluSmart To Exit Cab-Hailing, Will Operate 800 EVs As Fleet Partner For THIS Cab Aggregator
4 Articles
4 Articles
BluSmart Intends to Discontinue its Taxi Services
According to a media outlet, cash-strapped company BluSmart intends to leave its primary taxi business and become a fleet partner of rival Uber. Nearly six years have passed since the EV ride-hailing firm first joined the market in 2019. A plan to start moving BluSmart's current fleet to Uber in the coming weeks has been authorised by the company's owners. According to reports, the change would be implemented gradually, beginning with 700–800 ve…
Report: BluSmart to Exit Ride-Hailing, Shift Gears to Become Uber Fleet Partner
Electric vehicle ride-hailing startup BluSmart is preparing to exit its core business and transition into a fleet operator for Uber. This strategic pivot comes nearly six years after BluSmart launched its services, and it marks a significant shift in its business model. According to sources familiar with the development, BluSmart’s shareholders have approved a plan to begin transferring its fleet to the Uber platform in phases, starting with 700…
BluSmart’s EV U-Turn: Platform Out, Fleet In
April 14, 2025: India’s electric mobility sector is undergoing a quiet, yet telling shift — and BluSmart is at the heart of it. Once touted as a green challenger to traditional ride-hailing giants, the electric vehicle startup is now turning away from its app-based platform to embrace a leaner, fleet-partner model — with none other than Uber. The strategic pivot underscores a larger trend in India’s EV ecosystem: the rise of fleet-tech over plat…
BluSmart To Exit Cab-Hailing, Will Operate 800 EVs As Fleet Partner For THIS Cab Aggregator
Electric cab-hailing startup BluSmart is making a change. Once celebrated for its all-electric, app-based cab service, the company is now pulling the plug on its core ride-hailing business. Instead, BluSmart will lease 700 to 800 electric vehicles (EVs) to Uber and operate as a fleet partner. This decision comes in response to sustained financial stress, failed fundraising efforts, and a mounting debt crisis linked to its promoter, Gensol Engine…
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