Uber and BYD Partner to Accelerate Global EV Transition
BYD to Supply 100,000 Electric Vehicles to Uber's Ride-Hailing Platform
Multi-Market Agreement to Offer Best-in-Class EV Pricing and Financing for Uber Drivers
In a major deal that will accelerate the global transition to electric vehicles (EVs), leading ride-hailing company Uber and Chinese automaker BYD have announced a multi-year strategic partnership. Under the agreement, BYD will supply 100,000 electric vehicles to Uber's ride-hailing platform, making affordable and sustainable transportation options more accessible to millions of riders worldwide.
BYD, the world's leading manufacturer of new energy vehicles and power batteries, will provide Uber with a range of advanced electric vehicles tailored to the needs of ride-hailing drivers. The vehicles will be offered at competitive prices and with flexible financing options, enabling Uber drivers to transition to electric mobility more easily and cost-effectively.
The partnership is expected to have a significant impact on the global transportation sector. Uber's vast network of riders and drivers will provide a platform for BYD to showcase its electric vehicle technology and demonstrate the benefits of sustainable mobility. At the same time, Uber will benefit from BYD's expertise in electric vehicle production and its commitment to developing innovative and affordable transportation solutions.
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