India’s Lithium Urban shows the way in running a profitable all-electric taxi fleet

Jan 16, 2020 - Quartz

Founded in 2014, Bengaluru-based Lithium Urban Technologies launched a 100% electric taxi fleet, much before electric vehicles (EVs) began to dominate conversations in India.

A pure B2B player, Lithium has been providing corporates like Credit Suisse, Barclays, Google, and McKinsey with cab services while helping them meet sustainability targets without crippling their budgets.

“There’s a lot of pressure from shareholders (at these companies) to go green and focus on sustainabili...