How Much Does Tesla Maintenance Cost? Joey wets panties
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When you need your phone to start your car, you may be a special kind of stupid...
Joe Capitalist
Racism is a disease
Uber expands Comfort Electric to 14 new US, Canadian markets
Uber is expanding Comfort Electric, the ride-hailing giant's premium electric vehicle offering, to 14 new markets across the U.S. and Canada. Now, customers in a total of 40 North American markets can book a flashy, environmentally friendly ride.
Eligible luxury EVs include Tesla models S, 3, X and Y, the Polestar 2, the Ford Mustang Mach-E, the Audi e-Tron, the Porsche Taycan and the Hyundai Ioniq.
The expansion is in line with Uber's goal to become a zero-emissions mobility platform by 2030 in the U.S., Canada and Europe. That goal is fueled in part by California's 2021 ruling that ride-hail trips must be done in EVs by that same year. So far only 4.1% of trip miles have been completed with electric vehicles, luxury or otherwise, in the U.S. and Canada. Uber didn't provide TechCrunch with the percentage of rides done by EVs in California specifically.
Uber said its partnership with Hertz to rent Teslas to drivers in over 30 U.S. and Canadian cities has helped accelerate EV adoption across its drivers in the U.S. Already, nearly 50,000 drivers have rented a Tesla through the program, completing more than 24 million electric trips, the company said.
Uber expanded its Hertz partnership to Europe in January, making up to 25,000 Tesla and Polestar vehicles available to drivers by 2025, starting in London, then Paris and Amsterdam.
Uber also offers riders Uber Green, which provides access to trips driven by hybrid or less fancy EVs, your standard Nissan Leafs and Chevy Bolts of the world.
Joe Capitalist
Racism is a disease
EV chargers 'on trajectory' to be as common as gas stations, EVgo CEO says
EVgo's CEO says government spending on chargers is a 'bridge' to unlocking corporate spending
Shares of charging company EVgo (EVGO) soared on Thursday as revenue jumped over 280% year over year, offering some respite for investors who suffered through a rough 2022.
While 2023 has gotten off to a strong start and charging networks in general are poised to explode in growth.
Part of that growth is coming from government resources, namely the White House’s $7.5 billion EV charger buildout, focused on the national highway system and rural areas. The plan aims to have 500,000 new chargers online by 2030; however research firms have said the country will needs millions by then.
“What's clever about the policy initiatives is that they are building a bridge between when there are enough EVs to have this be completely sustainable,” EVgo CEO Cathy Zoi said in an interview with Yahoo Finance. EVgo is also one of the many partners the White House is using to build out the national network.
Government money can be a catalyst to create growth of a nascent system, particularly with infrastructure, in this case a charging network. “So it's in the early moments that government policy, government incentives can help build that bridge for capital markets to create that confidence, to invest in this infrastructure, that will be absolutely essential going forward,” she says.
The percentages of EV sold last year rose to 6%, double the year before. Zoi is confident that as the White House plan unfolds, and the critical mass of EVs start to enter the roads, much more private money and investment will come in.
When asked whether the U.S. will see EV chargers as commonplace as gas stations, Zoi said the country is not there yet, but it's coming. "We're on that trajectory now; EVgo and others, we're all building right now to satisfy demand.
EVgo's CEO says government spending on chargers is a 'bridge' to unlocking corporate spending
Shares of charging company EVgo (EVGO) soared on Thursday as revenue jumped over 280% year over year, offering some respite for investors who suffered through a rough 2022.
While 2023 has gotten off to a strong start and charging networks in general are poised to explode in growth.
Part of that growth is coming from government resources, namely the White House’s $7.5 billion EV charger buildout, focused on the national highway system and rural areas. The plan aims to have 500,000 new chargers online by 2030; however research firms have said the country will needs millions by then.
“What's clever about the policy initiatives is that they are building a bridge between when there are enough EVs to have this be completely sustainable,” EVgo CEO Cathy Zoi said in an interview with Yahoo Finance. EVgo is also one of the many partners the White House is using to build out the national network.
Government money can be a catalyst to create growth of a nascent system, particularly with infrastructure, in this case a charging network. “So it's in the early moments that government policy, government incentives can help build that bridge for capital markets to create that confidence, to invest in this infrastructure, that will be absolutely essential going forward,” she says.
The percentages of EV sold last year rose to 6%, double the year before. Zoi is confident that as the White House plan unfolds, and the critical mass of EVs start to enter the roads, much more private money and investment will come in.
When asked whether the U.S. will see EV chargers as commonplace as gas stations, Zoi said the country is not there yet, but it's coming. "We're on that trajectory now; EVgo and others, we're all building right now to satisfy demand.