Uber Pulls Back From Electric Cars, Slashing Incentives for Drivers
After long pushing for government policies to speed adoption of electric cars, Uber embraced Trump's EV-battering legislation.
Uber spent years trying to make it easier for ride-hailing drivers to ditch gasoline-powered cars.
When Levi Spires, a 51-year-old Uber driver in Syracuse, New York, hit a deer and damaged his Prius last year, a $2,000 promotion from the ride-hailing giant enticed him to buy a Tesla. Over 23 months, he earned around $3,500 from Uber Technologies Inc. in additional EV bonuses driving about 139,000 miles. It was all part of Uber’s goal to rapidly move its drivers into cleaner cars.