LONDON: Uber wants its service to be fully electric in London, England by 2025.
The company announced Tuesday that it plans to raise £200 million ($260 million) to help all of its drivers in the city switch to electric vehicles.
The move follows Mayor Sadiq Khan’s June announcement that diesel and high-polluting vehicles will be charged a £12.50 ($16.20) daily fee, starting in 2021.
“The Mayor of London has set out a bold vision to tackle air pollution in the capital, and we’re determined to do everything we can to back it,” said Uber CEO Dara Khosrowshahi, in a statement.
Uber’s $260 million Clean Air Plan represents a long-term investment in the future of London, he added. “Over time, it’s our goal to help people replace their car with their phone by offering a range of mobility options – whether cars, bikes, scooters, or public transport – all in the Uber app.”
The new “clean air fee” of 15p ($.19) per mile on each trip in London will be used to provide financial assistance to drivers who want to purchase an EV. Someone using the app for around 40 hours per week is expected to receive around £3,000 ($3,894) towards an EV in two years’ time.
Under the new scheme, Uber estimates that up to 20,000 London drivers could go electric by the end of 2021. There are currently 45,000 licensed Uber drivers operating in the city and more than 3.5 million riders using the platform.