Etiqueta: Europe

Uber wants more EVs on its app.

BYD partners with Uber.

China’s BYD found a new partner to cut EV costs and fuel adoption. As part of a massive new multi-year...

(Bloomberg) -- Uber Technologies Inc. will team up with BYD Co. to put 100,000 electric vehicles onto the ride-hailing company’s platform, in a major deal between American and Chinese businesses that notably excludes the US.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundHamas Says Israel Killed Political Leader With Airstrike in

Uber will team up with BYD to put 100,000 electric vehicles onto the ride-hailing company’s platform, in a major deal between American and Chinese businesses that notably excludes the U.S.

The partners will also work on deploying cars capable of self-driving to Uber's network

BYD and Uber's new partnership aims to bring 100,000 BYD electric vehicles to the Uber platform, starting in Europe and Latin America. This agreement

Uber and BYD have entered into a multi-year strategic partnership aimed at bringing 100,000 new BYD EVs to the Uber platform, covering key markets around the world.

Uber Technologies and Chinese automaker BYD announced a multi-year partnership on Wednesday aimed at bringing 100,000 new electric vehicles to the ride-hailing platform globally. The partnership, starting in Europe and Latin America, will offer drivers accessible pricing and financing for BYD's EVs on the Uber platform and will expand to markets in the Middle East, Canada, Australia and New Zealand, the companies said. High sticker prices for electric vehicles and increased borrowing costs have acted as barriers to EV adoption over the past two years, causing demand for such vehicles to grow at a slower-than-expected pace.

Uber plans to use 100,000 electric BYD cars on its ride-hailing platform, starting in Europe and Latin America, the two companies announced Wednesday.