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BluSmart halts ride bookings via app in parts of NCR, Bengaluru amid Gensol probe – Express Mobility News

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BluSmart, the electric ride-hailing startup once seen as a rising challenger to Ola and Uber and closely linked with Gensol, has suddenly stopped accepting new ride bookings through its app in most areas of Delhi-NCR and Bengaluru. 

While the app is still available on the Play Store, users are unable to choose a time slot or even a date—effectively signaling a pause in services.

This development follows closely on the heels of SEBI’s findings in the Gensol Engineering investigation, which raised significant concerns about BluSmart’s future. 

Gensol, a key financial backer and EV lessor to BluSmart, is accused of diverting over Rs 200 crore that was meant for electric vehicle purchases.

On April 14, reports emerged that BluSmart is planning to exit its core cab business altogether and transition into operating as a fleet partner for Uber. According to sources, BluSmart’s shareholders have approved a phased transition of its current fleet—beginning with 700 to 800 vehicles—over to Uber. 

The complete timeline for this move is still being finalised.



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Joby Said to Weigh Deal for Helicopter Ride-Share Operator Blade

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(Bloomberg) — Joby Aviation Inc is exploring an acquisition of helicopter ride-share operator Blade Air Mobility Inc, according to people familiar with the matter.

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Joby has been evaluating a deal for Blade, which sells per-seat helicopter trips from New York City to nearby airports and resort towns, said the people, who asked to not be identified because the details aren’t public. The potential acquisition would give Joby, which is developing battery-powered air taxis, a ready-made market for its aircraft.

No final decision has been made and Joby could opt against pursuing a deal for Blade, the people added. Representatives for Joby and Blade didn’t immediately respond to requests for comment.

Blade, which went public through a merger with a special purpose acquisition company in 2021, hasn’t reported an annual a profit since it listed. The company’s shares have fallen 10% this year, giving it a market value of $309 million.

Backed by Toyota Motor Corp., Joby expects to have five aircraft in one of the final phases of certification next year as it aims to start commercial flights in early 2026. The $13.6 billion company announced plans last month to double production capacity at its plant in Marina, California, to manufacture up to 24 aircraft a year.

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$21 million for ‘Clean Mobility’ in New York State

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In other words, the funding will go towards ‘demonstration projects’ for schemes such as car-sharing, ride hailing, e-bikes, e-scooters, shared EVs and on-demand electric public transport – rather than private passenger EVs. The funding will be available to local governments, public transport operators, ‘community-based organisations’, or employers with 1000+ employees.

Applicants must submit proposals for their demonstration projects including a complete planning document covering community engagement, site and partner identification, technical feasibility assessments, and policy / regulatory assessments. A cost share of a minimum of 20 per cent of the total project cost in other funding will be required. Up to $3 million will be awarded per individual project.

Part of the funding pool will be set aside for specific areas of the state, including up to $3 million for any type of demonstration project in the Bronx.

State Senator Jeremy Cooney said: “The Clean Mobility Program represents a major step forward in delivering economic opportunity and cleaner transportation to underserved communities across Upstate New York. By investing in ridesharing, micro mobility, and on-demand transportation options, we’re expanding access to jobs, public transit, while also reducing emissions.

New York State Energy Research and Development Authority President and CEO Doreen M. Harris added: “Supporting electric vehicle ride sharing, e-bikes, e-scooters and other sustainable, affordable mobility options helps keep people engaged and active in their communities. We look forward to receiving innovative demonstration proposals that offer the opportunity to help New Yorkers maintain transportation independence and can be replicated and adopted throughout the state for the benefit of all.”

The deadline for proposals is September 25, 2025.

governor.ny.gov



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Hochul: $21 million now available for zero-emission mobility transportation solutions – WGRZ

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Hochul: $21 million now available for zero-emission mobility transportation solutions  WGRZ



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