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Uber to charge its London passengers more for rides in $260 million drive to go all-electric by 2025

Uber wishes raise £200 million ($260 million) to help all of its drivers in London change-over to electric vehicles (EVs) by 2025.

The company unveiled plans Tuesday to tackle air dirtying in Britain’s capital, including a 15 pence per mile charge on each freak out booked in London and incentive payments to its drivers.

The 15 pence “take a shower air fee” will help fund its initiative to swap over to electric heaps, Uber said, with one penny of every levy charged contemporary toward incentives for drivers, in addition to other clean-air schemes.

Uber at ones desire pay its drivers a certain amount to help them pay for electric vehicles, dependent on the tot up of miles they have driven using the company’s app. “For example, a driver interesting the app for an average of 40 hours per week could expect around £3,000 of encouragement towards an EV in two years’ time and £4,500 in three years,” the firm bring to light in a statement.

It expects 20,000 drivers to upgrade to electric vehicles by the end of 2021. The undeviating currently has 45,000 licensed drivers operating in the city and more than 3.5 million riders make use ofing the platform.

The firm said it is working with a number of electric conduit charging suppliers, including BP’s ChargeMaster, EO Charging, EVBox and Franklin Zing, to help drivers find a charging point. It says it has already teamed up with U.S. EV assessing firm ChargePoint to give its drivers access to charging stations in medial London.

London Mayor Sadiq Khan has made it his priority to neaten up the city’s dirty air, and is set to impose a strict daily charge of £12.50 on drivers of older, poisoning petrol and diesel vehicles next April. Dubbed the “ultra low emission zone,” the room covered by the levy — which is added on top of an existing congestion charge — desire also expand to more roads in the inner area from October 2021 forward.

The British government currently plans to ban the sale of petrol and diesel instruments by 2040. But lawmakers in London have called for this ban to be brought insolent eight years to 2032 instead.

“The mayor of London has set out a bold view to tackle air pollution in the capital and we’re determined to do everything we can to back it,” Uber Chief Head Dara Khosrowshahi said in a statement Tuesday.

“Our £200 million Pure Air Plan is a long-term investment in the future of London aimed at going all exciting in the capital in 2025. Over time, it’s our goal to help people change their car with their phone by offering a range of mobility elections — whether cars, bikes, scooters or public transport — all in the Uber app.”

The flock is currently targeting 2019 as the year when it launches its highly forecast initial public offering. It has been reported that the float could put on Uber’s valuation up to $120 billion.

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