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Bolt Sees Recruiting ‘Hundreds of Thousands’ of New Drivers to Fill Gaps

  • Demand for rides surging 50% from pre-pandemic level, CEO says
  • Company expanding suite of offerings including rapid grocery
     
Photographer: Ben Stansall/AFP/Getty Images

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.