Uber Expands Emission-Free EV Ride Presence To 14 New Markets Across US, Canada

Anusuya Lahiri
·1 min read

  • Uber Technologies, Inc (NYSE: UBER) plans to expand Comfort Electric, the first all-electric rides offering, to 14 new markets across the U.S. & Canada to reduce its environmental impact and become a zero-emissions mobility platform.

  • With Uber, Comfort Electric users can request a ride in a premium EV like a Tesla Inc (NASDAQ: TSLA), Volvo Car AB (OTC: VLVCY) Polestar, or Ford Motor Co (NYSE: F) Mustang Mach-E.

  • Uber Green enables trips via hybrid and EVs, which costs the same as UberX.

  • Also Read: Uber Clocks 49% Revenue Growth In Q4: CEO Sees No Signs Of Slowdown, Commits $800M For EV Transition

  • Lime e-bikes and e-scooters on the Uber app are available in 55+ markets throughout the U.S. & Canada.

  • Uber has committed to becoming a zero-emissions mobility platform in North America and Europe by 2030 and globally by 2040.

  • Customers in 40 North American markets can avail of the environmentally friendly ride.

  • So far, only 4.1% of trip miles have been completed with electric vehicles, luxury or otherwise, in the U.S. and Canada, TechCrunch reports.

  • The price point of Comfort Electric rides is usually between Uber Comfort and Uber Black, a spokesperson told TechCrunch.

  • Price Action: UBER shares are up by 0.97% at $31.19 on the last check Thursday.

  • Uber prototype photo via Wikimedia Commons

Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.

This article Uber Expands Emission-Free EV Ride Presence To 14 New Markets Across US, Canada originally appeared on Benzinga.com

.

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.