Uber and Lyft’s Pricey Electric Vehicle Problem
EV adoption among US ride-hailing drivers is lagging behind due to a dearth of affordable options.
An electric-vehicle charging station in Paris, one of the cities where Uber’s fleet is electrifying fastest.
Photographer: Nathan Laine/Bloomberg
Ride-hailing companies have big plans to go electric, with Uber and Lyft aiming to only offer zero-emission rides in the US and Canada by 2030. They’re going to have a hard time hitting that target unless more affordable offerings emerge, and fast.