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Uber Partners With China’s BYD To Deploy 100,000 Electric Vehicles To Ride-hailing Platform Globally
Uber partners with China’s BYD to deploy 100,000 Electric Vehicles to ride-hailing platform globally.
Arrangement to offer drivers access to best-in-class pricing and financing for BYD vehicles on the Uber platform.
Partnership to be rolled out first in Europe and Latin America, and later to Middle East, Canada, Australia and New Zealand.
The companies to also collaborate on future BYD autonomous-capable vehicles to be deployed onto the ride-hailing platform.
Ride-hailing giant, Uber, has signed a multi-year strategic partnership deal with Chinese automaker, BYD, aimed at adding 100,000 new electric vehicles to the Uber fleet across key global markets.
The arrangement is expected to offer drivers access to best-in-class pricing and financing for BYD vehicles on the Uber platform, the two companies said in a joint statement.
The partnership will be rolled out first in Europe and Latin America, and will expand to the Middle East, Canada, Australia and New Zealand.
“Uber and BYD share a commitment to innovate towards a cleaner, greener world, and I am excited to work together towards that future,” said Chuanfu Wang, Chairman and President of BYD.
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“As the largest global agreement of its kind, we’re thrilled about the benefits this partnership will deliver for drivers, riders, and cities,” Dara Khosrowshahi, CEO of Uber, adds.
To support drivers going electric, the companies’ joint efforts will also include discounts on charging, vehicle maintenance, or insurance, as well as financing and lease offers.
With their partnership, the companies aim to bring down the total cost of EV ownership for Uber drivers and accelerate the uptake of eco-friendly EVs on the Uber platform globally.
In addition, the two companies will also collaborate on future BYD autonomous-capable (self-driving) vehicles to be deployed onto the ride-hailing platform.
