SIDBI And BluSmart Join Forces To Promote Electric Mobility In Delhi

SIDBI and BluSmart have collaborated to deploy over 140 electric cars in Delhi. The launch of 140+ electric cars under the EV4ECO scheme signifies a significant step towards a cleaner and more sustainable Delhi.
BlueSmart1

SIDBI And BluSmart Join Forces To Promote Electric Mobility In Delhi

The Small Industries Development Bank of India (SIDBI) and BluSmart, an electric ride-hailing service, have collaborated to deploy over 140 electric cars in Delhi. This initiative, launched under the EV4ECO scheme, was inaugurated in the presence of representatives from the Indian government and other key players.
The partnership aims to achieve a two-fold objective: enhancing the overall adoption of electric vehicles in Delhi and supporting the city's progressive EV Policy. This policy is recognized as one of the most advanced in India, and the EV4ECO scheme serves as a complementary initiative to achieve a cleaner and more sustainable capital city.
SIDBI is said to have played a critical role in facilitating the transition to electric vehicles by offering financial support to the electric mobility ecosystem. Their expertise lies in channeling financial and developmental resources specifically towards green initiatives.
Shri Anmol Jaggi, Co-founder, BluSmart said “At BluSmart, our mission is to ‘Decarbonize Mobility at scale’ and SIDBI with its unique ABCD initiative supporting EVs is fuelling our growth in Delhi NCR and helping in accelerating the adoption of EVs contributing to the reduction of carbon emissions from the transportation sector.”
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