Why Uber should go electric?

This paper shows that electrifying ride hailing services’ will not only lead to substantial CO2 savings, but also means better economics for drivers across most vehicle segments in the five EU cities analysed. Looking at costs over the whole use time of the vehicle for a typical ride-hailing driver (so-called total costs of ownership - TCO), the overall result is clear: medium BEVs2 are on average 14% cheaper to run than equivalent diesel, and up to 24% cheaper in Paris. Medium-size to large electric cars are the best option for drivers with access to home or depot charging in 12 out of 15 scenarios considered.

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