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Saturday, December 10, 2022

All Rides Will Be in Electric Vehicles by 2030 – Lyft

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Lyft Corp. is committing to make 100 percent of its trips in electric vehicles by the end of 2030.

Ride-hailing companies have struggled as governments asked citizens to stay home to manage the spread of Covid-19.

Uber Technologies Inc. cut 6,700 jobs, while Lyft laid off more than 1,000 employees.
Lyft co-founder John Zimmer, however, says the pandemic-induced pain as an opportunity to “re-evaluate everything.”

With the transition to electric, Zimmer says, “we will be better positioned coming out of this.”

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