Vehicle maker BYD has announced a multi-year strategic partnership with Uber, designed to bring 100,000 of its new EVs onto the ride hailing platform across key global markets.
Beginning first in Europe and Latin America, the partnership is expected to offer drivers access to financing for BYD vehicles on the Uber platform and will expand to include markets across the Middle East, Canada, Australia, and New Zealand.
The companies’ joint efforts may also include discounts on charging, vehicle maintenance and insurance, as well as financing and lease offers, based on what works best for drivers in a given market.
In addition, the two companies will collaborate on future BYD autonomous-capable vehicles to be deployed on the Uber platform.
Dara Khosrowshahi, CEO of Uber said, “As the largest global agreement of its kind, we’re thrilled about the benefits this partnership will deliver for drivers, riders, and cities.
“When an Uber driver makes the switch to an EV, they can deliver up to four times the emissions benefits compared to a regular motorist, simply because they are on the road more.
“Many riders also tell us their first experience with an EV is on an Uber trip, and we’re excited to help demonstrate the benefits of EVs to more people around the world.”
Stella Li, Executive Vice President of BYD and CEO of BYD Americas, said, “We are elated to join forces with a global leader like Uber to not only accelerate the transition to electric vehicles but also to make green transportation accessible and affordable for everyone.
“This collaboration marks a new era in the electrification of urban mobility, and we look forward to seeing our cutting-edge EVs become a common sight on the streets of cities worldwide.”