IT Companies, BPOs Set Target of 100% EV Cab Fleet by 2030

Most global and Indian companies in the information technology/IT-enabled services (IT/ITeS), business process outsourcing (BPO), and knowledge process outsourcing (KPO) spaces—which offer transport services to their employees—want all their cabs to be electric vehicles (EVs) by 2030.

- SURAJEET DAS GUPTA

The target is rather ambitious. It means converting 95 percent of the existing fleet of over 900,000 cabs, which transports corporate employees from home to office and back. The figure is 90 percent in the case of five cities—Bengaluru, Chennai, Hyderabad, Pune, and Delhi-NCR, as they have a higher EV penetration.

Sriram Kannan, founder and chief executive officer (CEO) of Routematic, which is in the business-to-business (B2B) space, said, "Corporates want 100 percent EVs by 2030. Currently, on average, 10 percent of our 2,500 cabs are EVs, and our estimate is that for the overall industry, it will be 5 percent. Companies are giving us mandates to increase the numbers every year but in stages. We think we will be able to hit 30 percent in the next two years." Routematic offers services to top Fortune 500 and Indian players.