Uber's new London move with Nissan on electric vehicles

The intrigue, via CNBC: "The deal with Nissan arrives at a difficult time for the company, which faces being blocked in the U.K.’s capital after Transport for London (TfL) stripped it of its license."

• "Uber has since appealed the move, and can continue operating in the city while it fights the ban in the courts," they note.

How it works: Some of the money for the program will come from the "clean air fee" that Uber began charging in London a year ago, which supports a fund to help drivers go electric.

• Uber said it has raised roughly $105 million thus far, and expects to raise over $260 million more over the next few years.
• Ultimately, Uber hopes to have all London rides be electric by 2025.

Go deeper: Big corporate players launch new electric vehicle group