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Uber Incentivizes Drivers to Switch to Electric Cars with Grants

by Priya Shah – Business Editor

Uber Drives Towards an All-Electric Future with​ New Incentives

Uber is significantly investing⁤ in⁢ a​ transition to electric vehicles,aiming for 100% zero-emission trips in the US by 2030 and globally ⁣by 2040.‌ With previous incentives fading, the company is launching new programs to encourage drivers to make ⁣the switch.

The “Go Electric” ⁣program,as reported by The Verge,offers drivers grants of‌ up to $4,000⁢ to⁢ replace⁢ gasoline-powered cars⁣ with fully ⁢electric vehicles – both new and used ⁤models are ⁤eligible.The initial rollout will focus on drivers in new York, California, Colorado, and ⁢Massachusetts.

Uber’s commitment⁣ extends beyond ⁣financial assistance. The ⁤company has evolved its “Uber Green” initiative​ into “Uber Electric,” now​ exclusively focused on ⁤fully electric vehicles, excluding​ hybrids. Drivers using qualifying⁣ electric cars will recieve an​ additional $1‌ per trip, and customers can‍ enjoy a 20% discount (up to $8) on “Uber Electric” rides using the promo code GOELECTRIC20 for a limited time.

Though,Uber faces challenges⁤ in convincing its vast network of independent contractor drivers to adopt electric vehicles. The higher upfront cost of ​evs, despite long-term savings ‍on fuel⁤ and maintenance, remains a‌ significant barrier.This transition mirrors past shifts like the ⁣move from horse-drawn carriages ​to automobiles, requiring both ⁤financial ‌accessibility and robust infrastructure.

To⁤ accelerate adoption, Uber has partnered with Chinese manufacturer BYD​ to provide electric vehicles to 100,000 drivers in Europe and‌ Latin America.Currently, over 200,000 drivers using electric vehicles are registered on the⁤ Uber platform worldwide.

These initiatives demonstrate Uber’s dedication to ⁢sustainability and adapting to evolving regulations in​ the global⁢ transportation landscape, aligning with a‍ growing⁢ trend of companies actively promoting ⁤green technologies.

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