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Adani group looks to partner with Uber to roll out electric vehicles

February 27, 2024
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Adani group looks to partner with Uber to roll out electric vehicles

New Delhi - The Adani Group is currently working on a strategic partnership with ride-sharing platform Uber to introduce its electric passenger cars. The partnership also plans to bring Uber services under Adani One, which was launched in 2022. Gautam Adani, the Chairman, met with Uber CEO Dara Khosrowshahi on February 24 during his visit to India and hinted at possible future collaborations between his conglomerate and the ride-hailing app.

Taking to X, both business leaders appreciated their conversation on the Indian growth story and their vision for the subcontinent.

"Captivating chat with @dkhos, CEO of @Uber. His vision for Uber's expansion in India is truly inspiring, especially his commitment to uplifting Indian drivers and their dignity. Excited for future collaborations with Dara and his team! #UberIndia," Adani said in a post on X.

The Uber CEO said he met the head of the ports-to-energy conglomerate over breakfast for an "absolutely terrific conversation". He also highlighted the mobility service provider's commitment to accelerate EV transition in India.

Uber has announced its plans to replace its entire fleet of vehicles with electric vehicles before 2040. As a part of its commitment to zero-emission mobility, Uber has launched its environmentally friendly EV service, Uber Green, in Delhi.

The Adani Group has pledged to invest $100 billion across various business sectors, including energy transition, over the next ten years. The company is planning to build 10 GW of solar manufacturing capacity and a large-scale solar farm to generate electricity from sunlight. Additionally, they are investing in battery swapping and EV charging stations.

The Uber CEO arrived in India earlier last week. During this time, the ride-sharing platform Uber on February 22 signed a Memorandum of Understanding (MoU) with Open Network for Digital Commerce (ONDC) to explore an integration with the network to expand the range of mobility offerings on the Uber app.

The partnership with ONDC, a non-profit private organisation founded by the Indian government's Department for Promotion of Industry and Internal Trade, is expected to advance Uber's objective of providing all Indians with dependable, safe, and reasonably priced rides.

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