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BluSmart's EV Charging Expansion
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Indian ride-hailing startup BluSmart secures $25 million investment from ResponsAbility to expand its EV charging infrastructure, aiming to increase charging stations to about 95-100. The funding will also support the expansion of BluSmart's fleet size to 10,000 vehicles. Despite challenges, BluSmart plans to create 60 new charging hubs and achieve positive unit economics by July 2024.
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