Uber says EVs will electrify its India fleet 2 years - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
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It’s already being acknowledged that for cars, the fleet segment is most likely the growth driver for the electric vehicle sector.

In this context, Uber and Ola have been making the right noises since 2019 about a significant portion of their fleets going electric. 

Recently, Uber has taken it one step further and announced that it will fully electrify its fleet in 2 years. That sounds pretty ambitious, doesn’t it?

Ambitious not from an economics point of view, because electrified fleets enjoy favourable economics. The plan could be ambitious from an infrastructural and operational view point – especially given the scarcity of EV charging infrastructure, and also the amount of time it takes to charge each car.

It should also be remembered that Uber is not an asset owner but an aggregator of vehicles owned and operated by others. Thus, it will be interesting to see how Uber tries to go fully electric in 2 years – that is, how will it incentivise the individual car owners to electrify.

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