Adani and Uber Join Forces to Electrify Indian Vehicles

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On February 24, 2024, Adani Group Chairman Gautam Adani met with Uber CEO Dara Khosrowshahi to talk about a new strategic alliance between the two businesses. Customers would be able to book a taxi to or from the airport through the Adani One smartphone app, which would incorporate Uber’s services as part of the agreement.

There are no plans for the Adani Group to produce EVs. Rather, the business will purchase electric cars and sell them under its own name. These automobiles will be made available on Uber’s ride-hailing service. This is a really good development for the Group, in view of the Adani scam rumours.

Adani’s Take on X

Both business executives enjoyed their discussion about their vision for the Indian subcontinent and the country’s growth story, taking to X.

“Interesting conversation with Uber CEO @dkhos. His goals for Uber’s growth in India are incredibly motivating, especially his dedication to enhancing the status of Indian drivers. Looking forward to working with Dara and his team again in the future! Adani wrote on X, using the hashtag #UberIndia.

Uber CEO’s Absolutely Terrific Conversation

The CEO of Uber claimed to have had an “absolutely terrific conversation” over breakfast with the leader of the ports-to-energy giant. He also emphasised the mobility service provider’s dedication to quickening India’s shift to electric vehicles.

In the midst of this, on February 22, the ride-sharing company Uber and Open Network for Digital Commerce (ONDC) signed a Memorandum of Understanding (MoU) to investigate potential integration with the network in order to increase the variety of mobility options available on the Uber app.

Uber expects its relationship with ONDC, a non-profit private organisation that was established by the Department for Promotion of Industry and Internal Trade of the Indian government, to further its goal of offering safe, trustworthy, and affordable rides to all Indians.

Uber Plans to Replace All Its Cars to Electric Models

Uber has declared that, by 2040 all of its cars will be replaced with electric models. Uber has introduced its environmentally friendly electric vehicle (EV) service, Uber Green, in Delhi as part of its commitment to zero-emission transportation.

Over the next ten years, the Adani Group has committed to investing $100 billion in a variety of commercial sectors, including energy change. To produce power from sunshine, the company intends to construct a large-scale solar farm and 10 GW of solar manufacturing capacity. They are also spending money on EV charging stations and battery replacement. This is a big step for the Group to fight rumours of Adani scam.

Adani One’s Uber Integration Will Prove Useful

Launched in 2022, Adani One offers a variety of services, such as travel and holiday package booking, airport services, and even assistance with Uber integration for taxi bookings.

It doesn’t make cars, but it does have a lot of internal needs for its ports and airport operations. Adani will buy cars, work on branding them, and add them to Uber’s fleet. In the meantime, the ride-hailing company is aiming to replace its current fleet with electric cars all over the world by 2040 and is on a journey to become a zero-emission mobility platform.

Hastening Adoption of Electric Four-Wheelers in India

The Adani-Uber collaboration could hasten the adoption of electric four-wheelers in India since manufacturers have been actively seeking commercial applications to become financially feasible. It also can develop into one of the biggest worldwide fleet alliances for electric cars for the US ride-hailing service.

Uber is available in 125 locations and has completed over 3 billion journeys since its 2013 introduction in India. According to the company’s statement, by giving people power, it has helped over 8 lakh Indians make money.

In the meantime, the CEO of Uber reaffirmed the company’s emphasis on the ridership market in a special interview with ET. He remarked, “We love the ride-sharing business, even though Ola focuses on other areas.”

Conclusion

In conclusion, the possible collaboration between Uber and Adani Group offers a fascinating outlook on the future of transportation in India. The integration of Uber’s well-established ride-hailing network with Adani’s resources and infrastructure has the potential to expedite the adoption of electric vehicles in India greatly. In line with the aspirational objectives of both firms for the Indian market, this transition to electric mobility not only benefits the environment but also generates economic prospects. This also negates the controversy surrounding Adani scam.