Uber and BYD partner to deploy 100,000 electric vehicles. This will have a global impact in reducing prices and enhance the case of autonomous driving. This will most likely reshape the rideshare industry with EV Adoption. With 100,000 new BYD EVs implemented on Uber’s platform, it will have a global impact spanning Europe, Latin America, Middle East, Canada, Australia and New Zealand. It is BYD’s dream to see its EVs become a common sight on the roads worldwide.
Executives from BYD stated that this sort of shared commitment to innovation and sustainability will contribute towards a cleaner and greener world. This partnership will boost EV adoption as drivers will get the best deals with financing options. This means that the total cost of ownership will be more cost effective and easier. Currently the costing and availability of financing remain a barrier to get an electric vehicle. This initiative by Uber and BYD will encourage drivers to choose electric.
As it is BYDs EVs are known for low maintenance and affordable pricing. There are many models in BYD’s product portfolio and their vehicles are typically ideal for rideshare operations on account of them being reliable and comfortable. Both UBER and BYD have been pioneers in their respective segments. This can pave a way for them to introduce millions of riders to electromobility. Inturn, EV adoption will result in lower carbon emissions and sustainable urban mobility on a global scale.
There are additional benefits to keep in mind like discounts on EV charging, vehicle maintenance and insurance to support the Uber drivers as they opt for electric vehicles. Also, financing and lease offers will be customizable to meet the needs of drivers in specific regions. This partnership could also strengthen the notion of introducing autonomous vehicles from BYD on Uber’s platform. Uber being a leader in on-demand mobility, it can bring autonomous vehicle technology to the entire planet. This blend of EVs and autonomous driving capability can shape our dreams of a sustainable future.