BeQuiet Jubiläum Banner 970x90
Breaking News

Envision Enhances Its Range of Smart Glasses For Blind and Low-Vision Communities - Making Them More Accessible For Everyone ASUS Announces All-New Vivobook Go 15 OLED and Vivobook Go 14 Pioneer Japan updates firmware for their X13 lineup (30-01-2023) DLSS 3 Delivers Ultimate Boost in Latest Game Updates on GeForce NOW DualSense Edge wireless controller launches globally today

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Uber to Increase London Fares to Fund All-Electric Future

Uber to Increase London Fares to Fund All-Electric Future

Enterprise & IT Oct 23,2018 0

Uber Technologies Inc. plans increase the cost of taking a ride in London by 15 pence (20 cents) per mile to create a 200 million pound ($260 million) fund to help drivers switch to all-electric vehicles.

Uber Chief Executive Officer Dara Khosrowshahi said the money "would not accrue to the benefit of Uber," but be put in individual savings account for each driver.

Uber's new fund is part of its plan to only have electric vehicles on London's roads by 2025.

The company said that when drivers upgrades to electric vehicles using the new fund, they would be completely free to work without obligations to use the vehicle for only Uber journeys.

Jamie Heywood, Uber's European boss, said an average driver working 40 hours a week over three years "could expect to save 4,500 pounds on the cost of an EV."

If a driver stops working for the company before taking advantage of the fund, the money will be spent on other clean air initiatives.

The announcement comes days before Uber heads to a London court to appeal a court ruling that its drivers should be entitled to benefits, including overtime and paid vacation. The court is expected to hear Uber's arguments on Oct. 30.

Tags: Uber
Previous Post
Latest Firefox Brings Enhanced Tracking Protection
Next Post
Western Digital Releases 3D NAND UFS Embedded Flash Drive, WD Purple microSD Card and Video Surveillance Data Management

Related Posts

  • Uber to Cut 6,700 Jobs, focuses on Core Rides, Delivery Business

  • Uber Sees Food-delivery Momentum, Says Rides Are Recovering

  • Uber and Alphabet Lead $170 Million Investment Into Lime Electric Scooters

  • Uber to Use Technology to Ensure Its Drivers Are Wearing Masks

  • Uber Withdraws Forecast and Will Write Down About $2 Billion

  • Uber Releases its 2020 Lost & Found Index

  • Uber Introduces the Work Hub to Connect U.S. Ride-hail Drivers to Delivery

  • Uber Says it Has Enough Cash Reserves to Withstand the Coronavirus Crisis

BeQuiet Jubiläum Banner 300x600

 

Latest News

Envision Enhances Its Range of Smart Glasses For Blind and Low-Vision Communities - Making Them More Accessible For Everyone
Enterprise & IT

Envision Enhances Its Range of Smart Glasses For Blind and Low-Vision Communities - Making Them More Accessible For Everyone

ASUS Announces All-New Vivobook Go 15 OLED and Vivobook Go 14
Enterprise & IT

ASUS Announces All-New Vivobook Go 15 OLED and Vivobook Go 14

Pioneer Japan updates firmware for their X13 lineup (30-01-2023)
Optical Storage

Pioneer Japan updates firmware for their X13 lineup (30-01-2023)

DLSS 3 Delivers Ultimate Boost in Latest Game Updates on GeForce NOW
GPUs

DLSS 3 Delivers Ultimate Boost in Latest Game Updates on GeForce NOW

DualSense Edge wireless controller launches globally today
Gaming

DualSense Edge wireless controller launches globally today

Popular Reviews

Withings Thermo Wi-Fi-connected temporal thermometer

Withings Thermo Wi-Fi-connected temporal thermometer

EnGenius ECW230 Access Point

EnGenius ECW230 Access Point

Withings Body Plus Scale

Withings Body Plus Scale

Withings Sleep Analyzer

Withings Sleep Analyzer

Noctua NH-D12L CPU Cooler

Noctua NH-D12L CPU Cooler

EnGenius ECW230S AP

EnGenius ECW230S AP

Scythe Fuma 2 CPU Cooler

Scythe Fuma 2 CPU Cooler

be quiet! Pure Rock 2 FX

be quiet! Pure Rock 2 FX

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed