Ride-sharing company is also playing its role

Electrification in the auto industry is going at a full speed and where the car manufacturers are planning to produce as many electric vehicles as possible, the ride-sharing company is also playing its role.

We are talking about Uber, which has announced that by 2025, it will only run electric vehicles in London. This has somewhat caused a panic among the more than 40,000 drivers who can lose jobs if they don’t give up on their hybrids and opt for an electric vehicle and the carmakers share their concerns. The company is not allowing any traditional new car, including the hybrids to register in London.

According to the officials, electric vehicles account for 3.3 million trips, and the company will also help drivers to lease electric vehicles easily as per its Clean Air Plan. On average, their vehicles are four to five years old and the company published a paper last year in which it is stated that most of their drivers run a second-hand vehicle. They are reluctant to talk about their most popular car, but it seems like Toyota Prius is the one.

But as Toyota is going for an all-electric future, the drivers have to purchase new electric vehicles and this has provided an opportunity to both established and new car manufacturers to gain benefit from the company’s biggest market. Toyota, especially, can benefit from this, as it wasn’t so early to the EV scene.

Several companies have signed deals with Uber including Hyundai that will offer drivers across Europe discounted access to its electric models and Nissan will offer 2,000 units of its leaf hatchback at a discounted rate.

It’s not possible to acquire an Uber car through fleet deals. The drivers are workers and not full employees, so their only option is to buy or lease a vehicle. This is the reason, along with the fact that they are not many used EVs available, that the new companies are provided with a good opportunity.