24/7 Space News
CAR TECH
Uber teams up with China's BYD for 100,000 EVs
Uber teams up with China's BYD for 100,000 EVs
by AFP Staff Writers
Paris (AFP) July 31, 2024

Uber and Chinese carmaker BYD said Wednesday they had teamed up to make 100,000 electric vehicles available to the ride-hailing giant's drivers.

The multiyear partnership, which the companies described as the largest of its kind, will start in Europe and Latin America before expanding to Australia, Canada, New Zealand and countries across the Middle East.

It is not a massive purchase of vehicles akin to Hertz's order of 100,000 Teslas in 2021, but depending on the country, Uber's independent drivers will have access to advantageous financing or leasing offers for BYD electric vehicles, as well as discounts on recharging, maintenance and insurance.

BYD has been jostling with Tesla as the top manufacturer of EVs and while Uber is making the switch much faster than the regular public, the company says affordability remains a brake to greater uptake.

"By working together, the companies aim to bring down the total cost of EV ownership for Uber drivers, accelerating the uptake of EVs on the Uber platform globally, and introducing millions of riders to greener rides," the companies said in a statement.

Some 126,000 Uber drivers out of 7 million had zero emissions vehicles at the end of 2023.

The company plans to accept only drivers with EVs in Europe and North America from 2030.

Uber has concluded deals with other carmakers but on a much smaller scale.

"When an Uber driver makes the switch to an EV, they can deliver up to four times the emissions benefits compared to a regular motorist, simply because they are on the road more," said Uber CEO Dara Khosrowshahi.

"Many riders also tell us their first experience with an EV is on an Uber trip, and we're excited to help demonstrate the benefits of EVs to more people around the world," he added.

BYD produces a number of EVs in different price segments, including a small hatchback that starts at under $10,000 in China, and is rapidly expanding the number of countries to where it exports and is planning to build factories in Europe.

The partnership with Uber could help BYD gain better brand recognition in new markets and boost sales for new dealerships.

The two companies said they will also collaborate on future BYD autonomous-capable vehicles to be deployed on the Uber platform.

Related Links
Car Technology at SpaceMart.com

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
CAR TECH
Nissan shares plunge after profit warning
Tokyo (AFP) July 25, 2024
Nissan tumbled more than 10 percent on Thursday after the Japanese automaker issued a profit warning, citing "intense sales competition", especially in the United States. The company and its domestic rivals are also struggling to stand their ground in China's market as fast-growing electric vehicle firms backed by Beijing race ahead. Net profit in the first quarter plunged 73 percent year-on-year to 28.6 billion yen ($190 million), Nissan said - far below analyst expectations of 97.1 billion ye ... read more

CAR TECH
Mesoscale Discoveries in Ferroelectric Materials Could Revolutionize Electronics

NASA ranks top civil space technology challenges for 2024

Designing space exploration with the human in mind

ISS Crew Engages in Varied Research and Maintenance Tasks

CAR TECH
SpaceX launches back-to-back Starlink missions

ULA plans to launch Atlas 5 from Florida for Space Force

Gilmour Space to Start Hypersonic Flight Tests in 2025

SpaceX cleared to launch Falcon 9 rocket again

CAR TECH
Key technologies driving NASA's Mars exploration discussed at conference

NASA picks next 4 crew members for simulated Mars mission in Texas

NASA rover finds pure sulfur crystals in Martian rock

AI enhancements drive Mars rover discoveries

CAR TECH
Shenzhou XVIII Crew Conducts Emergency Drill on Tiangong Space Station

Beijing Unveils 'Rocket Street' to Boost Commercial Space Sector

Shenzhou XVII Crew Shares Post-Mission Insights with Media

Shenzhou XVIII Crew Successfully Completes Second Spacewalk

CAR TECH
ESA showcases space innovation at Gamescom

AST SpaceMobile Prepares to Ship First Five Commercial Satellites

Epson Makes Strategic Investment in Microsatellite Innovator Axelspace

Booz Allen Invests in Quindar to Enhance Satellite Automation

CAR TECH
China Leads in Innovations for Large-Span Arch Bridge Construction

Microsoft cloud unit miss dulls bright earnings

Eco-Friendly 3D Concrete Printing Enhanced by Cellulose Nanofibrils

Gamers soak up the nostalgia as 'World of Warcraft' returns to China

CAR TECH
NASA's Landolt Mission to Enhance Precision in Star Brightness Measurement

Webb Spots Closest Super-Jupiter Paving Way for New Exoplanet Research

Stellar magnetism may influence exoplanet habitability

New Magnetic Criteria Suggest Only Two Exoplanets Potentially Habitable

CAR TECH
Ariel's Carbon Dioxide Indicates Potential Subsurface Ocean on Uranus' Moon

Spacecraft to swing by Earth, Moon on path to Jupiter

A new insight into Jupiter's shrinking Great Red Spot

Queen's University Belfast Researchers Investigate Mysterious Brightening of Chiron

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.