blusmart mobility

The National Company Law Tribunal (NCLT) has admitted an insolvency case against Blu-Smart Mobility Tech over an unpaid amount of Rs 5.84 crore. The NCLT appointed an interim resolution professional and placed the company under a moratorium. Blu-Smart Mobility's denial of operational debt was rejected by the tribunal, which cited acknowledged partial liability and continued service usage.

BluSmart has partnered with Tata Power to source green power and achieve zero-tailpipe emissions in its EV charging infrastructure. With 6,000 EVs and 4,000 chargers across 35 superhubs, BluSmart is making significant strides in decarbonizing mobility in India.

Uber is in early discussions to acquire blusmart mobility, an electric cab service in India. This deal could strengthen Uber's presence in the growing electric vehicle market. BluSmart operates a fleet of over 5,000 electric vehicles in cities like Delhi, Mumbai, and Bengaluru. The acquisition could also help Uber compete better with rivals in India's urban mobility market.

Citroen and BluSmart collaborate to introduce 4,000 e-C3 units in India, enhancing the EV landscape. BluSmart deploys 125 e-C3 SUVs from Bengaluru superhub, offering advanced features like a 320 km range, fast charging, and regenerative braking.

BluSmart, India's first all-electric ride-hailing platform on Tuesday announced that they are expanding their services in Delhi. BluSmart cabs will now be operational in Vasant Kunj, Vasant Vihar, Dwarka, Mahipalpur, and in the areas of Mehrauli-Gurgaon Road (MG Road) starting Tuesday.

EV ride-hailing and charging provider BluSmart on Tuesday said it has crossed the annual revenue run rate (ARR) of Rs 400 crore. Operating in Delhi-NCR and Bengaluru, BluSmart has achieved a milestone of 5,000 electric vehicles (EVs). It has also set up over 3,900 EV charging points across 32 charging hubs at key locations in two cities.

Evera Cabs is expanding its electric taxi service by acquiring 500 repossessed EVs from BluSmart, which faced operational suspension due to financial irregularities. Evera is also onboarding BluSmart drivers, including a significant number of women, to meet the rising demand for electric cabs, particularly around Delhi airport. This move fills the market gap left by BluSmart's shutdown.

New Delhi, Jan 14 () Gensol Mobility Monday said it has launched India's first electric vehicle (EV) taxi fleet, BLU-SMART, in Delhi-NCR with about 70 cars that will be ramped up to 400 vehicles by the end of March 2019.

Gensol’s aggressive growth strategy in green business encountered harsh realities, compounded by corporate governance issues. As a result, sister concern BluSmart’s clean mobility ambitions are now in jeopardy

A fleet of electric taxis from blusmart mobility on Monday got an exclusive pick-up bay for passengers at Kempegowda International Airport (KIA) alongside app taxi aggregators Uber and Ola.

BluSmart, an electric vehicle ride-hailing service operator in India, has received carbon credit accreditation from Verra, making it the first mobility company in the country to achieve this.

BluSmart's ties with Gensol Engineering, promoted by Anmol and Pramod Jaggi, may end up being too much to bear. A deep dive into how the Jaggi brothers allegedly diverted hundreds of crores that were meant for EV purchases for personal use

ICAI will review Gensol Engineering and blusmart mobility's FY24 financial statements due to misconduct allegations. This decision follows SEBI's market ban on Gensol's promoters for fund siphoning. The FRRB will assess compliance, and irregularities may lead to disciplinary action and referral to regulatory authorities, while the ministry of corporate affairs considers action against Gensol.