The Adani Group is now negotiating a strategic alliance with ride-sharing company Uber in order to launch its electric passenger cars. As part of the cooperation, Uber services will also be available under Adani One, which debuted in 2022. During his visit to India on February 24, Gautam Adani, the Chairman, met with Uber CEO Dara Khosrowshahi and made hints about potential future partnerships between his company and the ride-hailing app.
Both corporate executives enjoyed their discussion on their vision for the Indian subcontinent and the country’s growth narrative, taking to X.
“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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