Reuters exclusively reports India plans to order taxi aggregators like Uber, Ola to go electric

Reuters exclusively reported that India plans to order taxi aggregators like Uber and Ola to convert 40% of their fleet of cars to electric by April 2026, as it tries to bring down its oil imports and curb pollution to meet its commitment as part of the 2015 Paris climate change treaty. The policy will mean Uber and Ola would need to start converting their fleet as early as next year to achieve 2.5% electrification by 2021, 5% by 2022, 10% by 2023 before hiking it to 40%.