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Evera Cabs to Onboard 500 BluSmart EVs to Expand Delhi Airport Routes

Written by: Team Angel OneUpdated on: May 6, 2025, 2:27 PM IST
Evera Cabs is expanding its electric fleet by taking over BluSmart’s vehicles and drivers, focusing on airport routes in Delhi, aiming for smoother travel.
Evera Cabs to Onboard 500 BluSmart EVs to Expand Delhi Airport Routes
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Evera Cabs, an electric taxi company operated by Prakriti Mobility, is taking over 500 electric cars that were earlier used by BluSmart. These vehicles are being repossessed and leased through BluSmart’s lenders. So far, 220 cars have already joined Evera’s fleet, and the remaining 280 will be added soon. The company also aims to take on 1,000 BluSmart vehicles in total.

Focus on Delhi Airport Services

Evera wants to become a top electric cab provider, especially for airport travel. It already runs services from Terminal 3 of Delhi Airport and now plans to expand to all terminals. This step will help improve the availability of cabs and reduce wait times for passengers.

Absorbing BluSmart Drivers

After BluSmart stopped its services, many drivers were left jobless. Evera is now hiring these drivers, and around 150 have already started working. About 10% of the new hires are women, showing the company’s efforts to include more female drivers.

Strategic Move to Lead EV Mobility

Evera’s CEO, Nimish Trivedi, said this move is not just about expanding but also about reshaping electric mobility in India. The company wants to build a stronger, cleaner and more reliable transportation system, ensuring smooth service and a better commuter experience.

BluSmart had to shut down its services in Delhi, Mumbai and Bengaluru after SEBI banned its promoters due to financial irregularities. This sudden closure affected many drivers and raised concerns about unpaid wages. Evera’s entry is helping fill this gap.

Read More: Is BluSmart Negotiating A Rescue Deal to Restart EV Cab Operations in May 2025?

Share Performance 

As of May 06, 2025, at 12:15 PM, Gensol Engineering Limited share price is trading at ₹66.25 per share, reflecting a decline of 5.00% from the previous day’s closing price. Over the past month, the stock has declined by 57.19%. The stock’s 52-week high stands at ₹1,124.90 per share, while its low is ₹66.25 per share.

Conclusion

Evera is stepping up to ensure smooth, eco-friendly travel while becoming a key player in India’s electric cab space.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: May 6, 2025, 2:27 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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