Jan 24, 2020
Uber's new London move with Nissan on electric vehicles
Photo: Smith Collection/Gado/Getty Images
Uber announced Friday a deal with Nissan to provide up to 2,000 electric Nissan LEAFs to drivers in London at a discount.
The big picture: Electrifying vehicles used by mobility services is important for keeping emissions from ride-hailing in check as it grows.
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