JSW Group, Uber Partners for EV Rollout in India's Ride-Hailing Sector

Uber and JSW Group have entered into a partnership to develop and deploy electric vehicles for India’s ride-hailing market, as per news reports. The companies signed a memorandum of understanding at JSW Group’s headquarters in Mumbai last week. 

The agreement was formalised by Parth Jindal and Uber Chief Executive Dara Khosrowshahi. Financial terms of the partnership were not disclosed by either company. 

Focus on Indian Market Requirements 

The partnership will be carried out through JSW Green Mobility, a wholly owned subsidiary of JSW Group. The companies said they will explore electric vehicle solutions for commercial use on Uber’s platform across multiple categories. 

The vehicles are to be developed keeping Indian operating conditions in mind, including cost, vehicle performance and usage for drivers working in ride-hailing services. 

India’s EV Market Continues to Grow 

India’s electric vehicle market has seen steady growth, particularly in commercial transport and shared mobility services.  

Data from the Indian Brand Equity Foundation showed EVs accounted for 7.29% of India’s total automobile sales during the third quarter of FY26. 

Electric 2-wheelers and 3-wheelers continue to account for most EV sales volumes in the country due to lower running costs and improving charging access in urban areas. 

Expansion Plans Across Businesses 

The development comes as JSW Group increases its presence in the automotive sector through JSW MG Motor, its joint venture with China’s SAIC Motor.  

Earlier this year, the company announced plans to invest up to $440 million to expand manufacturing operations in India and introduce new hybrid and electric vehicle models. 

Separately, Uber recently announced a partnership with Adani Group to establish its first data centre in India. 

Read More: Adani, Reliance, Lodha, and JSW Compete for Massive 206-Acre Mumbai Redevelopment Projects! 

Conclusion 

The companies said the partnership will focus on developing and scaling electric mobility solutions suited for India’s ride-hailing and commercial transport market. 

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