Tag: Gensol Engineering

  • Uber is in early negotiations to buy BluSmart, an EV ride-hailing company.

    Uber is in early negotiations to buy BluSmart, an EV ride-hailing company.

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    by

    mansi
    in

    The discussions take place as Gensol Engineering, the parent company of BluSmart, struggles with liquidity. Since its parent company, Gensol Engineering, wants to get out of the capital-intensive industry, ride-hailing behemoth Uber is in the early stages of negotiations to buy BluSmart, an electric vehicle-based taxi service provider, according to sources who spoke to Moneycontrol.…