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ELECTRIC CAB OPERATORS
Trev plans 2,500-vehicle premium EV fleet by 2031, raising $2 millionAiming to elevate its electric vehicle fleet from 105 to 300 by the close of the financial year, Trev Mobility is in the process of raising...- Navi Mumbai International Airport rolls out multimodal connectivity ahead of winter scheduleNavi Mumbai International Airport is set to enhance its transport network with affordable options for passengers. Multiple services include...
- Menlo Ventures on AI slowdown; Ola Electric CEO pledges stakeHappy Monday! Menlo Ventures, an early Anthropic backer, says the real AI constraint is compute, not a slowdown in frontier models. This an...
- Investors’ bets on Ola shrink as EV, ride-hailing businesses lose groundAs competition intensifies, SoftBank Group and fellow investors in Ola are grappling with a substantial reduction in their holdings' valuat...
- India’s cab game has a new green player: A Vietnamese behemoth aiming to win fastGreen SM enters India with a controlled electric vehicle fleet, challenging the aggregator model. This Vietnamese company aims for a premiu...
- US diesel prices hit a record high, pushing up transportation costs for a long list of goodsDiesel prices soared to unprecedented levels in the United States on Friday, primarily due to the six-month conflict involving Iran. This r...
- US diesel prices hit a record high of $5.85 as Iran war disrupts the flow of fuelUS Iran war: Diesel fuel has reached an unprecedented average price of $5.85 per gallon. This surge is directly linked to the ongoing six-m...
- ₹25 ride: India’s bike taxis are cheap, fast and still fighting for a place on the roadBike taxis offer affordable, on-demand urban transport, bridging the last-mile connectivity gap. These services face regulatory hurdles des...
- In 1942, Loyalhanna Dam went into operation while Pittsburgh factories produced wartime steel and the army relied on 54,000 pigeons. 84 years later, the dam has prevented more than $658 million in flood damage and its cranes are getting a major overhaulTwo 64-ton cranes at Loyalhanna Dam are receiving a major overhaul after eight decades of service. These aging machines manage massive stee...
- Uber, Rapido held talks to combine India ops; deal collapsed over control: sourcesUber and Rapido discussed merging their India ride-hailing operations in May, sources told us. Talks collapsed after disagreements over the...
- Evera Cabs initiates repossession of 500 electric cabs earlier operated by BluSmartEvera Cabs is repossessing 500 electric cabs from BluSmart, having already acquired 220 vehicles, aiming to strengthen its position in airp...
- EV ride-hailer BluSmart seeks $300 million to expand car fleetBluSmart, India’s top electric cab operator, aims to raise $300 million to expand its fleet with cars from top manufacturers, targeting maj...
- Ola Cabs Ebitda profitable; electrification, premiumisation the future: new CEO BakshiAt an ebitda level, the standalone ride-hailing business earned Rs 250 crore in FY23, Bakshi said, against an ebitda-level loss of Rs 66 cr...
- Snap-E Cabs, Jio-bp launch EV charging hub in KolkataSnap-E Cabs and Jio-bp unveiled a new electric vehicle charging hub in Kolkata. The hub, located in the basement of Axis Mall, has 150 stat...
- Snap-E Cabs initiates women driver induction processThe company is set to train and engage the first batch with 30 women drivers and 50-60 in the next two batches, taking the overall count to...
- Electric cab aggregators on expansion, hiring spreeEvera, an EV cab aggregator that currently operates in the National Capital Region, plans to expand its fleet of electric cabs about ten ti...
- India's Delhi government proposes making 25% of new cab registrations electricThe proposal would mandate apps providing transportation or delivery services, including cab operators such as Ola and Uber and food delive...
- Electric cabs gain momentum thanks to 65-75% lower operational cost versus diesel/ CNG cabsHigh cost of diesel and CNG have skewed the economics in favor of electric cabs in shared mobility with industry planning massive expansion...
- Electric car makers ride on sops to woo cab operatorsCarmakers such as Tata Motors are looking to leverage such subsidies to sell more electric cars to cab operators even though the fleet mark...
- Ola Electric's most experienced official Sanjay Bhan quitsSanjay Bhan’s departure comes as a huge setback to India’s most valuable electric-vehicle startup since he was entrusted with the challengi...
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