Blusmart optimistic of scaling up EV leasing scheme; analysts express doubts
In a bid to expand its fleet size and enter new cities, Gurugram-based all-electric taxi startup BluSmart has turned to individuals for investments through its Assure programme.
As a part of the programme, individuals can buy an EV and lease it out to BluSmart for a period of four years in exchange for fixed monthly rentals, after accounting for EMI payouts. The company noted that monthly returns could range anywhere between Rs 28,000 – 33,000 per month per sedan car and potentially higher for SUVs.
