BluSmart Set to Launch Electric Car Fleet in Mumbai: Key Details

BluSmart, South Asia's leading all-electric cab fleet operator, is set to revolutionize urban transportation in Mumbai starting January 1, 2025. The company's fleet promises "reliable, safer, and always on time" rides for commuters, as announced on BluSmart's official X handle.

BluSmart’s Legacy: A Pioneer in Electric Mobility

Founded in 2019, BluSmart has carved a niche as South Asia's largest all-electric ride-hailing service and EV charging infrastructure network. With a robust fleet of over 8,500 electric vehicles, BluSmart has already completed 21 million rides, covering an impressive 680 million clean kilometers.

Expanding Horizons: Revenue and International Presence

BluSmart is currently achieving an Annualized Revenue Run Rate of $90 million. This year, the company marked its international debut by launching premium all-electric limousine services in the UAE, reflecting its growing global ambitions.

Comprehensive EV Charging Infrastructure

BluSmart's EV charging network is a cornerstone of its operations, boasting 5,800 charging stations across 50 hubs in Bengaluru and Delhi NCR. Spanning over two million square feet, this infrastructure supports a network of over 10,000 active driver partners.

What Sets BluSmart Apart?

1. No Ride Cancellations: BluSmart ensures a hassle-free experience by eliminating ride cancellations.

2. Comfort and Reliability: Spacious, comfortable rides have become synonymous with BluSmart's services.

Innovative Asset-Leasing Program: Assure by BluSmart

BluSmart’s "Assure by BluSmart" program reached a significant milestone by surpassing a ₹100 crore book value within its first year. Under this initiative, partners can lease their electric vehicles to BluSmart. These leased vehicles are then integrated into the fleet for passenger trips, enabling revenue generation.

Collaboration with SIDBI for EV Expansion

In July 2024, BluSmart partnered with the Small Industries Development Bank of India (SIDBI) to deploy 140 electric cars under the EV4ECO scheme. This initiative focused on increasing EV adoption in the national capital, addressing air pollution, and promoting sustainable urban transportation.

Mumbai’s Eco-Friendly Ride-Hailing Revolution

With its entry into Mumbai, BluSmart is taking another significant step toward sustainable urban mobility. Residents can look forward to environmentally friendly rides that are both reliable and economical, further contributing to the city's green initiatives.

Conclusion: Driving Toward a Greener Future

BluSmart's entry into Mumbai is a pivotal step in transforming urban mobility with sustainable, eco-friendly solutions. By combining reliable service, cutting-edge EV technology, and an extensive charging infrastructure, BluSmart is not just providing a transportation alternative but championing a greener lifestyle. With its innovative programs like "Assure by BluSmart" and partnerships such as the EV4ECO scheme with SIDBI, the company is setting a benchmark for green initiatives in the ride-hailing industry. Mumbai commuters can now look forward to a cleaner, safer, and more efficient travel experience, paving the way for a brighter and more sustainable future.