Uber, Startup India, iCreate partners on innovation fund to drive adoption of EVs
- ByStartupStory | October 2, 2021
Uber, Startup India and iCreate are collaborating on an innovation fund to support new ideas to drive adoption of electric vehicles across the country.
The ‘Green Mobility Innovation Challenge’, which invites submissions from individuals or startups that focus on innovation in the following three areas: two and three wheelers, the accessibility of charging stations and their ease of use, as well as potential partnership or financial models that can improve EV uptake in India, will be hosted on the Startup India portal.
Ten winners will be selected by a panel of 5 industry experts and they will be awarded two months of mentorship by Uber’s technical , engineering, and go-to-market teams and iCreate.
Ride-hailing company, Uber will hand out a grant of Rs 75,00,000 among the top 5 startups. This will be followed by six months of incubation at iCreate, a Gujarat-based startup which is an independent centre that aims to provide technology and assistance to young start-ups.
Commenting on the Challenge, Prabhjeet Singh, President, Uber India South Asia, said, “India is home to some of the most polluted cities in the world, and as the country’s leading mobility platform, we take our role of driving a green recovery very seriously. To further strengthen the country’s emerging EV ecosystem, we are partnering with ‘Startup India and iCreate on the ‘Uber Green Mobility Innovation Challenge’ to see what great ideas are out there. It is an honor to be able to support India’s many entrepreneurs in addressing one of the most pressing issues of our time.’
Last year, the company had announced USD 800 million in resources towards helping drivers transition to EVs by 2025, and 100 per cent emission-free rides globally by 2040.
Uber has previously also partnered with Mahindra and SUN Mobility and Lithium.
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