Self-driving car rental company Zoomcar is planning to make its fleet completely electric by 2025. Business Standard has reported that the company is looking to ride the EV trend, which it believes to grow and convert its fleet to 100 percent electric in the next 5-6 years, as stated by Zoomcar Founder and CEO Greg Moran.
Zoomcar currently has 500 EVs in its fleet, which is growing four times every year according to the company. The EV fleet includes the Mahindra e2o plus and Tata E-Tigor that are available at a subscription fee of Rs. 15,000 to Rs. 20,000 per month. Zoomcar is also planning to induct the soon-to-be-launched Tata Nexon EV to its lineup. EVs form 5 percent of the current fleet of Zoomcar, headquartered in Bengaluru, and 10 to 15 percent customers opt for them.
Last November, Zoomcar partnered with Tata Power Delhi Distribution (Tata Power DDL) to make use of its EV fleet for the latter’s daily operations and maintenance. The pilot project will see 12 EVs from Zoomcar used in the companies daily activities including the installation of Smart Meters in Delhi. According to a press release, Tata Power DDL already has other electric-powered vehicles in its maintenance fleet that consists of over 100 e-scooters and e-rickshaws. The company is looking to scale the number of e-cars to 250 to reduce dependency on diesel and petrol vehicles.
Ride-hailing companies, Ola and Uber are also betting big on EVs. There have been reports that the government has urged these companies to convert 40 percent of their fleet to electric by April 2026. Ola has already announced its intentions to introduce 10,000 EVs on the road by 2020 and a million EVs by 2022.