In a groundbreaking achievement, BluSmart, India’s premier electric vehicle (EV) ride-hailing service and EV charging superhub infrastructure operator, has obtained carbon credit accreditation. The certification, granted by Verra, a prominent global non-profit organization, marks BluSmart as the first mobility company in the country to receive carbon credits for the CO2 emission reductions generated by its EV fleet from February 2020 to December 2021.
BluSmart, dedicated to advancing large-scale decarbonization in the mobility sector, has reached a remarkable milestone by completing over 300 million all-electric kilometers and serving more than 9.5 million fully electric trips since its inception.
The carbon consultant, Fair Climate Fund India, played a crucial role in estimating the carbon footprint of this pioneering project, enabling BluSmart to achieve this milestone in record time. Notably, BluSmart’s entry into the voluntary carbon markets within the EV ecosystem sets a precedent in India.
Anmol Singh Jaggi, CEO and Co-founder of BluSmart, expressed his enthusiasm for this achievement, stating, “As the first mobility company in India to secure carbon credit accreditation, BluSmart reaffirms its commitment to the mission of large-scale decarbonization in the field of mobility. We will persist in our efforts to build a business that not only benefits people but also the planet. Initiatives like these play a vital role in incentivizing environmentally conscious practices and promoting a sustainable lifestyle through market-based mechanisms.”
BluSmart’s operational footprint spans two of India’s urban megacities, Delhi NCR and Bengaluru, where it manages a fleet of over 5000 electric vehicles.