Uber, Ola could be forced to switch to EVs by April 2026

According to a media report, cab aggregators like Uber and Ola could be forced to convert 40% of their fleet to electric vehicles by April 2026.

The government is reportedly in the process of framing new rules for cab aggregators, which would require them to achieve electrification in stages. By 2021, the companies would be required to convert 2.5% of their fleet to electric vehicles, 5% by 2022 and 10% by 2023.

Among other recommendations made by the government, from April 2026, all new cars sold for commercial use should only be electric. 2-wheelers used for commercial purposes like food or package delivery will have to be electric from April 2023. 

The government has also made recommendations for the introduction of electric buses in cities. 5% of the bus fleet could go electric by 2023 and 30% by 2026. Post 2026, all new city buses sold will have to be electric.

Source: Reuters