BluSmart’s EV Ecosystem

If innovations in technology and infrastructure intrigue you, then BluSmart should be on your radar. Regular commuters in Delhi or Bangalore, must have seen BluSmart cabs. For others who are still living under the rock, BluSmart is another alternative to the cab giants Uber and Ola. But there’s more to it than cabs. BluSmart is an energy, infrastructure, and mobility powerhouse transforming the way India moves.

BluSmart's story begins with Punit Goyal, the current co-founder, who was expected to continue his family's plastics business. However, he chose a different path by founding PLG Clean Energy, a stark contrast to the plastic domain of his family business. In April 2017, while working on a solar power plant with his second company, PLG Photovoltaic, Punit met his future co-founder, Anmol Jaggi. Drawing inspiration from companies like Starbucks and McDonald's, which are essentially real estate companies rather than merely sellers of coffee and burgers, they envisioned scaling the EV ride-hailing business by establishing charging stations at prime locations to attract more users to their services.

Cabs are just one part of BluSmart, which is the parent company for three interconnected verticals – BluSmart Charge, BluSmart Tech, and BluSmart Fleet. 

Firstly, charging infrastructure is both a significant bottleneck and a major growth opportunity for the growth of the EV industry in India. By institutionalizing the supply side and building its own charging infrastructure, BluSmart has largely overcome this bottleneck and enhanced its scaling potential. At present, they have over 5,000 charging stations in prime locations, thus creating a network of charging stations, just like that of petrol pumps.

Secondly, another major challenge for the EV industry has been the scarcity of electric vehicles. BluSmart Fleet addresses this by leasing electric cars and operating them. Unlike Uber and Ola, BluSmart enables drivers to lease cars, making it easier for them to start earning, without investing in their own vehicles. Additionally, BluSmart offers unique advantages such as a Zero Cancellation Policy, ensuring that once a cab is booked, a driver will always show up. These features collectively enhance the appeal and reliability of BluSmart's services.

In the dynamic and ever-evolving landscape of India's transportation sector, BluSmart stands out as a game-changer. This innovative company is redefining urban mobility by creating a comprehensive EV ecosystem that integrates energy, infrastructure, and mobility. Unlike conventional cab services, BluSmart is pioneering a future where EVs dominate the streets, and revolutionize urban mobility in the country.