The government might order taxi aggregators like Ola and Uber to convert 40% of their cabs into electric vehicles by 2026. To boost the electric vehicles (EVs) in our country New Delhi came up with a new policy which will cut down oil imports and trammel the pollution. This will help in meeting the commitments of the 2015 Paris climate change treaty.

Softbank backed Uber and Ola need to start converting their fleet by next year to achieve 2.5% electrification by 2021, 5% by 2022 and 10% by 2023 before surging to 40%.

Ola had tried to convert their cars into EV, but the cost of converting turned out to be tremendous. They tried using electric cars but they didn’t get much success due to high maintenance.

China has set an EV sales for the car manufacturers as they are already top of the auto car makings. They started offering incentives to taxi operators who ban fuel cars and shifted to the electric variant, as China is leading the electrifications.

EV sales in India grew to 3,600 which is almost three-fold in FY19. Sales of electric cars escalated by 62% in 2018 to 1.3 million vehicles in China.

All electric vehicle will be available for sale from 2026 for commercial use and further applied to Ola and Uber.

 Motorcycles and scooters used for commercial purposes like food deliveries and e-commerce companies will be electrified from 2023. 

There is a boom in food delivery apps like Swiggy and Zomato. Even companies like Walmart and Amazon.com

The EV proposal comes just after the inter-ministerial committee which suggests electrifying most of the scooters and motorbikes for private use and within six to eight years all three-wheeled autorickshaws.

There are many electric scooter manufacturers in the country like Hero Electrics, Okinawa and Ather Energy. Tata Motors and Mahindra and Mahindra build and sell electric cars.

INDIAN MOBILE COMPANIES BULLDOZED BY CHINESE COUNTERPARTS