Yulu, a shared electric vehicle mobility firm, has surpassed $30 million in annual recurring revenue (ARR) for 2024. The company has turned EBITDA positive, driven by growing demand from quick commerce players such as Blinkit, Zepto, Swiggy, and Big Basket. Additionally, EV ride-hailing startup BluSmart is in talks to raise up to $100 million to expand its operations. The electric vehicle sector in India is experiencing significant growth, with companies like Yulu and BluSmart leading the charge. This information was reported by moneycontrolcom, with contributions from BhavyaDKumar, avishekb001, and swarajdhanjal.