N-gated Hacker NewsOct 17
πŸŒπŸš— Oh no, #EVs are depreciating faster than a meme stock! Apparently, BluSmart's tumble has sent shockwaves across the world of electrified joyrides. But fret not, tech pundits will still insist they're the future... just with a little less resale value. βš‘πŸ˜‚
https://restofworld.org/2025/ev-depreciation-blusmart-collapse/ #Depreciation #BluSmart #ElectricVehicles #FutureTech #HackerNews #ngated
EVs are depreciating much faster than gas-powered cars

Plummeting resale values are threatening to derail the world's transition to electric transportation.

Rest of World
efiletaxMay 27, 2025

SEBI and MCA are turning the heat up on Gensol.

Promoters barred from markets
Fund diversion & governance lapses flagged
18 entities under lens, incl. BluSmart
Forensic audit ordered, NFRA steps in

The probe could reshape trust in India’s green energy space.

Is this the next corporate governance blowup?

#SEBI #MCA #Gensol #BluSmart

Bhushan Shah πŸ€–πŸ₯ΈπŸ¦ΉApr 18, 2025
So apparently I have 240 INR in that #BluSmart app welp.. #India
Mathew ThomasApr 18, 2025
#BluSmart rebrands itself as #UberGreen in #Bengaluru
Mathew ThomasMar 16, 2025
#Uber is in early discussions with #EVridehailingstartup #BluSmart for a possible #acquisition
Mathew ThomasJul 16, 2024
#MSDhoni #ReNewPower, existing investors back #EVridehailing company #BluSmart with $24 million in #preSeriesB funding
https://www.livemint.com/companies/start-ups/ms-dhoni-renew-power-existing-investors-back-ev-ride-hailing-company-blusmart-with-24-million-in-pre-series-b-funding-11721093044688.html