Estonian mobility startup Bolt Technology OU expects to bring on “hundreds of thousands” more drivers to fill a shortage over the coming six months, as demand surges more than 50% from pre-pandemic levels.
Uber Technologies Inc. has also struggled to recruit enough drivers as post-lockdown demand picked up, and lifted prices 10% in London to attract applicants. Bolt, meanwhile, is allowing its drivers in the U.K. to set their own prices.
