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Uber is investing $ 800 million to make all of its cars electric

September 10, 2020

The car pool agency wants its fleet to be 100% electric by 2040.

2 min read

Uber is investing $ 800 million to make all of its cars electricUber is investing $ 800 million to make all of its cars electric

Despite the fact that Uber was one of the companies hardest hit by the coronavirus, the company announced the launch of its Uber Green program, which aims to make its fleet 100% electric by 2040.

This program has an investment of $ 800 million and is intended for the United States, Canada and Europe.

Dara Khosrowshahi, CEO of Uber, said, “The coronavirus is having a huge impact on our company’s health and accounts. 2020 is a very difficult year.”

But as Uber tries to tackle the remnants of an uncertain 2020 – plus the problems in California and possible regulations on hiring drivers that could set a trend in the future – they are already preparing their strategy for the next few years.

About Green

Uber aims to have its emissions reduced to zero in most of the cities where they operate by 2030. By 2040, Uber must be emission-free across the company.

For Dara Khosrowshahi, the company now has four main goals to achieve. It will start with 15 cities in the US and Canada that are priced more than a normal trip. Passengers can choose 100% electric travel. That dollar would be used for the ultimate benefit of the driver, encouraging the purchase of electric vehicles with the promise of better future revenues. As compensation and with the idea of ​​expanding the service, users receive points that can be redeemed for free rides or free grocery deliveries within the platform.

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