Uber Investing $260 Million In Electric Car Push

Uber

OCT 23 2018 BY MARK KANE 8

Uber will gradually switch to electric cars in London

Uber announced a new £200 million ($260 million) Clean Air Plan for its operation in London. The idea is to encourage drivers – through increased reimbursement and help with access to charging infrastructure – to use an electric cars.

It’s expected that by 2021, some 20,000 drivers will switch to EVs, while all drivers will be using electric cars by 2025.

Those who drive about 40 hours a week will be able to receive additional £3,000 ($3,900) in two years or £4,500 ($5,800) in three years.

That’s not all. Uber will also apply an additional £0.15 (nearly $0.20) per-mile fee to riders to get funds for the transition to electric cars.

“In addition to the money being paid out by Uber directly, the company will also begin charging consumers a $0.20 per mile (15 pence) “clean air fee” for trips booked within London’s city limits. Only one cent of the fee will be dedicated to funding the incentive.”

As one would imagine, customers will pay for the switch one way or another, especially since London is launching from April 2019 a new £12.50 ($16) daily fee for driving in the city in older fossil-fuel powered cars, on top of the £11.50 ($15) congestion charge.

Uber’s Chief Executive, Dara Khosrowshahi said:

“The mayor of London has set out a bold vision to tackle air pollution in the capital and we’re determined to do everything we can to back it. Our £200 million Clean Air Plan is a long-term investment in the future of London aimed at going all electric in the capital in 2025. Over time, it’s our goal to help people replace their car with their phone by offering a range of mobility options — whether cars, bikes, scooters or public transport — all in the Uber app.”

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8 Comments on "Uber Investing $260 Million In Electric Car Push"

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Sammy

Uber Investing? Really?
It is their users who are paying for this with a surcharge of £0.15 per mile.
https://www bbc co uk/news/technology-45902594

REXisKing

“Only one cent of the fee will be dedicated to funding the incentive.”

Strange way to do business.
Tick off customers by charging 19 cents more than necessary.

The Mayor of London should just BAN Uber.

antrik

My guess would be that this is actually what they got asked to do *not* to get banned?…

Gazz

What’s the point in banning Uber? Gett or some other company will just fill the space.

SJC

Lease the EVs to drivers you knot heads, you made a bundle exploiting.

Cypress

Would be nice to have an option in Uber to only accept rides from EVs.

I think Lyft already had something similar in place, and I’ve already witnessed it being abused. The app said my driver would be picking me up in a Hyundai Ioniq Electric. When he arrived it was actually a Hyundai Ionic Hybrid. I mentioned it to the driver and his response was “they are the same car, except mine doesn’t have the plug.” I quickly told him they were NOT the same car, and that they don’t even look the same from the front (which is where I saw him first when his car approached). Later on I realized he probably lied on purpose to get some sort of incentive, and most customers he picks up probably wouldn’t know the difference.

CDAVIS

Will get interesting when Tesla launches Tesla Network MaaS which may end up being UBER’s biggest competitor.