US ride-sharing and rental car company Lyft will convert its entire fleet to electric vehicles by 2030, according to overseas reports.
The company says it will “aggressively promote” and “help drivers access incentive funds” for electric vehicles, but will not provide “direct financial support”, a report by the Reuters news agency says.
As of today, electric vehicles comprise less than one per cent of Lyft’s fleet. The company said it had 2 million drivers in its Q3 report in 2019.
“If policymakers do their part in the next few years, EVs should reach cost parity with gasoline vehicles by mid-decade,” a Lyft spokesperson said.
Much larger ride-sharing rival Uber has also come under pressure from environmentalists to electrify its fleet. Currently, Uber offers partial subsidies to its London-based drivers who buy electric vehicles.
While Lyft also operates in Australia – albeit on a much smaller scale than it does in the US – it’s unclear if the electric vehicle target would be adopted for local operations when the company expands.
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