BluSmart collapse sparks EV sell-off: Lenders race to recover dues...

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BluSmart collapse sparks EV sell-off: Lenders race to recover dues by offloading 1500-2000 vehicles

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Following BluSmart's operational halt due to funding issues and misconduct allegations, lenders are reclaiming and offloading 1500-2000 EVs. Evera has already acquired 300 cars and seeks more, while Everest Fleet considers deals. Lenders aim to sell or lease EVs, with smaller operators also approached. Evera focuses on redeploying assets, particularly for airport services.

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