Mobility Energy and Transportation
Why Uber is making a second startup bet in India | ET, Mint
14 Jan 2026
Ride-hailing demand surged by 25% in 2025, prompting global majors to rethink their fleet strategies. A recent US$ 7M investment in a CNG and EV-focused operator signals a pivot from single-partner dominance to a multi-partner ecosystem. This move aims to stabilize supply, optimize unit economics, and hedge against EV subsidy fluctuations. Experts at Praxis Global Alliance analyze how this shift impacts bargaining power and long-term growth.
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