October 25, 2018

Uber Adding a Surcharge in London to Raise Money for EVs

Uber’s chief exec, Dara Khosrowshahi, recently announced a long-term plan to introduce electric cars to the London fleet. Here’s the lowdown.

It’s always a great day when a larger brand or company contributes to their electric car market. And this time, the largest car-hailing company on the planet are next up. We’ve gone fact-checking to bring you the latest on this exciting story. Leading up to 2019, it seems that the UK may be back in the running for world-leaders in zero emissions. This comes after the recent news of a closer petrol and diesel ban deadline…

Raising money for an EV fleet

This week it was reported across major news outlets that Uber was starting to raise cash so their London drivers could buy electric vehicles. According to this BBC article, the plan to raise the money will look a little something like this: an extra fee (around 15p per mile) will be added onto all fares for London journeys booked via Uber’s app. The scheme will be introduced next year at some point, apparently. Uber says that they expect to raise over £200m through this plan, helping “20,000 drivers to switch to electric cars by 2021”. The money will be dished out between said number of drivers in London, for those that work 40 hours per week anyway. In the next three years, London’s Uber drivers will potentially receive £4,500 towards an electric car!

Why London, why now?

So, according to The Independent, chief executive Dara Dara Khosrowshahi is trying to “strengthen” relations with Said Khan, London’s mayor. This comes after the mayor announces his plans for an emission-free zone in the capital. It makes sense really, both economically and environmentally. When local councils and large brands come together… this is what happens! And although it’s a great PR move on Uber’s part, the real tangible benefits will be seen in the quality of air in London. As Uber drives are in their tens of thousands, we’re sure there will be a clear difference when their entire fleet is electric. As it stands, we’ll just have to wait until next year before we see any real moves. But it’s safe to say, we’re looking forward to the change.