Uber to invest $800 million to make all of its cars electric

As part of its commitment to become a zero-carbon company, the well-known mobility app reveals that its fleet will be 100% electric by 2040.

Although Uber had expected 2020 to be a year of growth, the arrival of the Covid-19 pandemic turned it into a period full of challenges and difficulties. However, despite the circumstances and to stay afloat through its delivery division UberEats, The multinational continues to project itself into the future and presents its major transformation plan for 2040.

Uber Green

As revealed by Dara Khosrowshahi, CEO of Uber, last Tuesday, September 8, Uber Green is the company's largest forward-looking project ever undertaken. It is an electrification plan, whereby 100% of its fleet will be composed by electric cars, The company's commitment to be a zero-carbon company has been fulfilled.

To meet this objective, Uber will focus on four short- and medium-term goals. One of the main ones, which is already in operation, is the option offered to passengers to choose to travel in a «green» car, paying one dollar more than a normal trip. This additional payment will go directly to the driver, thus encouraging the purchase of a "green" car. electric vehicle.

Another of the actions, and undoubtedly the most important one, involves the investment of US$800 million for its main markets Canada, the United States and Europe. This amount will be earmarked for the purchase of electric cars. Dara Khosrowshahi stated that according to the transformation plan, 50% of Uber's total fleet must be made up of electric cars by 2025.

Uber has also partnered with automakers, such as GM in the U.S. and Renault/Nissan in Europe, to help electric vehicles be cheaper for drivers. The company will also affirm commitments to build its own electric vehicle charging infrastructure and partner with local governments to support local clean air initiatives.

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