BluSmart operates a fleet of over 5,000 Tata electric cars
“BlueSmart, we have a fleet of 5000 plus Tata decor cars.”
Goyal: BluSmart runs at ~440 crore INR ARR and 1.3-1.4 crore daily revenue
“So we are nearly 400 and 40 crores around ARR. We're doing a revenue of close to 1.3 to 1.4 crores per day revenue.”
Goyal: BluSmart ride-hailing does ~450 crore ARR, in-house charging 100 crore ARR
“The ride healing revenue is about nearly 444 50 crores per ARR. The charging revenue is about a hundred crores ARR today, but that's in-house.”
Goyal: BluSmart has secured vehicle financing for 20,000 EVs
“So we have secured financing for 20,000 cars as of now, right? Trying to secure financing for 40,000 cars.”
BluSmart's charging infrastructure is profitable due to its in-house anchor fleet
“Yeah, so the charging infra is today profitable, because we had the in-house anchor tenant, so that was profitable.”
Goyal: BluSmart adds 400-500 cars monthly, constrained by charging infra
“So, so, so we can probably add 1002 thousand cars a month. But we are not able to do that. We are only able to add 400 cars to 500 cars a month.”
BluSmart recovers EV capex premiums in 14 months via fuel savings
“The additional amount I paid for buying that electric vehicle with that additional battery, I recovered that in just 14 months because my operating cost was low.”
BluSmart electric cabs need ₹3,200 in daily revenue to break even
“A car should make about, to be self-sufficient, to break even on all, should make about 3200 rupees per day to cover all my costs. The car has to earn me 3200 rupees a day. It includes driver cost, lease of the car that I'm paying on daily basis.”