"Uber has said it will be completely carbon neutral in North America and Europe by 2030 and in all global markets by 2040. But when it first announced this pledge in 2020, it said it wouldn't directly pay drivers to ditch their gas-burning vehicles in favor of EVs. Now, the company is reversing that decision in the hopes that direct payments can help accelerate EV adoption."
"The reason for the switch is not that surprising. The recent expiration of the $7,500 federal EV tax credit in the US is expected to put a serious dent in EV sales, which will make it harder for Uber drivers to make the switch while also keeping their costs inline. Uber's new offer is aimed at softening the blow for many drivers who relied on the credit for both used and new EVs."
Uber is offering grants of $4,000 to drivers who swap gas vehicles for zero-tailpipe emission vehicles. The company is replacing the "Uber Green" branding with "Uber Electric." Uber pledged 100 percent of trips in electric vehicles by 2030 and carbon neutrality in North America and Europe by 2030, and globally by 2040. The company initially declined to directly pay drivers but reversed that stance to accelerate EV adoption. The recent expiration of the $7,500 federal EV tax credit is expected to reduce EV sales and increase adoption costs. The "Go Electric" program initially accepts applicants in New York City, California, Colorado, and Massachusetts.
Read at The Verge
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