India reportedly orders Uber and rival Ola to electrify 40% of fleets by 2026

India orders Uber and rival Ola to electrify 40% of fleets by is doubling down on its push to replace gasoline and diesel vehicles on its streets with environmentally friendly electric cars. The government plans to order ride-hailing firms such as Uber and Ola, that operate hundreds of thousands of cars in the nation, to convert 40% of their fleets to electric by April 2026, Reuters reported today. India’s electric push will spell new frustration for Uber, which is already struggling to fight back against Ola, its local rival and the market leader in ride-hailing space in the country.

Source: techcrunch.com