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Uber India posts 54% increase in FY23 revenue – ET Auto

Baua Electric

In FY22, revenue from ride-hailing — four-wheelers, auto rickshaws and bike-taxis — grew 30%. Xchange Leasing was engaged in the business of buying cars and leasing those out to its driver-partners. The bike-taxi industry has come under backlash from some state governments for operating without the requisite licences.

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Drivers land better incentives in a crowded ride-hailing space – ET Auto

Baua Electric

The SaaS model works like a loyalty programme… Once the drivers buy in, they try to milk as much as possible out of that INR 25-30 they pay every day. It automatically increases their time spent on the platform,” a Bengaluru-based ride-hailing company executive said.

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US DOE Awards $300 Million in Clean Cities Grants to Support Alternative Fuels, Vehicles, and Infrastructure Development

Green Car Congress

The accurate and reliable data collected from the use of these vehicles will provide NYSERDA and DOE insight on how these alternative technologies operate in diverse conditions. Vehicles to be deployed include 163 CNG, the vast majority for high mileage taxis and 18 heavy-duty LNG refuse trucks. Total DOE award: $13,299,101.

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Three perspectives on China’s EV industry (spoiler alert: legacy brands are toast) – Charged EVs

Baua Electric

As he sees it, the prevailing narrative in the West is that China’s advances in EV manufacturing are somehow illegitimate, the products of a government that has unfairly subsidized its auto industry while forcing its citizens to buy its domestic products. Total Chinese car exports grew from 1 million in 2020 to 5 million in 2023.

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When Will EVs Hit Primetime?

Revenge of the Electric Car

In March, BYD chief executive officer Wang Chuanfu announced that in the first half of 2010 the company will sell only 100 e6 cars, to a taxi company in Shenzhen. IHS Global Insight in Lexington, Mass., In the meantime, the company is focused on government-funded mass- transit projects, which guarantee investment returns.

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The Long View from SAE 2009 World Congress

Green Car Congress

He believes “ monolithic vehicle design ”—where people buy one car to fit all of their needs—is outdated. The PRT as an automated taxi that is 4m long by 1.4m PRT advantages over a human driven taxi include freedom from accidents caused by human error with PRTs offering “ a rail level of safety ” according to Dr. Guala.

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EV's and Indian Manufacturing: Prof. Ashok Jhunjhunwaala | Visit to IIT Madras

Plug In India

After he joined the board of M & M a few years ago, he was persuaded to buy a Mahindra Electric car! ​One insight that I got into charging was that the battery life is enhanced when you charge at a slow rate and at a colder temperature. I met with one of the incubatees, a company working on an air taxi.