JSW Group and Uber sign MoU to co-develop EVs for India's ride-hailing market
JSW Green Mobility will partner Uber to design and deploy localised electric vehicles for India's ride-hailing fleets, aligning with the country's net-zero ambitions and signalling a major OEM-platform tie-up in urban mobility.
JSW Group and Uber signed an MoU to jointly develop and deploy electric vehicle solutions for India's ride-hailing market, with JSW Green Mobility partnering Uber to scale localised EV options aligned with India's net-zero goals.
Why this matters
Reinforces Uber's India-first posture after its CEO flagged India as a potential largest market and signalled food delivery re-entry, while sharpening competition with Rapido through fleet electrification.
retail-company signals steady at 807 over the last 90 days, indicating sustained corporate activity.