Three major ride-hailing companies have laid out ambitions to fully electrify their operations. Uber plans to go fully electric in the U.S., Canada and Europe by 2030 and all other markets by 2040. Lyft has also targeted 2030 for the U.S. and Canada. Smaller competitor Cabify has announced a target of 2025 for its Spanish and Latin American businesses to go fully electric.
Didi in China and Ola in India are also planning for millions of new electric vehicles on their platforms in coming years.