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Lyft Announces Plans for 100% Electric Vehicle Fleet by 2030

Published on Jun 18, 2020 at 7:32 am in News.

On June 17, Lyft announced committing to having 100 percent electric vehicles on its platform by 2030. The decision was made, in part, to get ahead of new emissions regulars under development in California. The company’s pledge will result in transitioning all vehicles used on the platform to electric vehicles or other zero-emissions technologies.

While Lyft will be able to source electric vehicles directly for its Express Drive rental car program, its consumer rental car program, and its autonomous vehicle program, the majority of vehicles used by Lyft’s drivers are driver-owned.

According to Sam Arons, Lyft’s director of sustainability, in an interview with Greentech Media, “We are taking a big step forward, leading our industry and helping to meet the climate challenge that faces all of us. The idea is that we need to do a lot of hard work over the next 10 years to make EV driving so compelling that all of these drivers are basically jumping out of their chair at the opportunity to drive an EV.”

To make electric vehicle driving compelling to existing Lyft drivers, the company plans to connect those workers to existing electric vehicle incentive programs, as well as advocate for new incentive policies. This will involve negotiating with auto manufacturers to reduce the cost of electric vehicles, in addition to aggregating demand to lower costs across the supply chain.

According to Lyft, drivers who are currently participating in Lyft’s electric vehicle rental program in Seattle, Atlanta, and Denver are saving an estimated $50 to $70 per week on fuel costs—a perk the company is toting to encourage more drivers to switch.

While Uber has taken steps to promote electric vehicle use and has integrated its services with public transit, it has yet to announce a specific electric vehicle target. It’s likely the company will announce plans soon, given the law changes in California.

For more information on the latest rideshare industry news, check out the Rideshare Law Firm blog. We stay up-to-date on all the most current happenings in the rideshare industry, so our readers can remain informed.

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