Close Menu
    Facebook LinkedIn YouTube Instagram X (Twitter)
    Blue Tech Wave Media
    Facebook LinkedIn YouTube Instagram X (Twitter)
    • Home
    • Leadership Alliance
    • Exclusives
    • Internet Governance
      • Regulation
      • Governance Bodies
      • Emerging Tech
    • IT Infrastructure
      • Networking
      • Cloud
      • Data Centres
    • Company Stories
      • Profiles
      • Startups
      • Tech Titans
      • Partner Content
    • Others
      • Fintech
        • Blockchain
        • Payments
        • Regulation
      • Tech Trends
        • AI
        • AR/VR
        • IoT
      • Video / Podcast
    Blue Tech Wave Media
    Home » Uber and BYD forge alliance to roll out 100,000 EVs worldwide
    BYD
    BYD
    Emerging Tech

    Uber and BYD forge alliance to roll out 100,000 EVs worldwide

    By Miurio HuangAugust 1, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    • Uber Technologies and Chinese automaker BYD announced a multi-year partnership on Wednesday, targeting the introduction of 100,000 new electric vehicles (EVs) to Uber’s ride-hailing platform worldwide. 
    • The Uber-BYD partnership marks a significant step in advancing electric vehicle (EV) adoption in the ride-hailing industry, tackling high purchase prices and borrowing costs. 

    OUR TAKE
    Uber and BYD’s EV push is ambitious, but it’s about time ride-hailing giants stepped up. Remember when Tesla’s Model 3 drove down EV prices, sparking mass adoption? Uber’s partnership with BYD could do the same, but globally. Plus, it’s smart to target Europe and Latin America first, where EV incentives are strong. Let’s see if this partnership can overcome the high costs and financing hurdles that have slowed EV adoption. And let’s not forget, Tesla’s robotaxi reveal in October could shake things up even more.
    –Miurio huang, BTW reporter

    What happened

    Uber Technologies and Chinese automaker BYD announced a multi-year partnership on Wednesday, targeting the introduction of 100,000 new electric vehicles (EVs) to Uber’s ride-hailing platform worldwide. Initially focusing on Europe and Latin America, the partnership aims to provide drivers with accessible pricing and financing options for BYD’s EVs. The initiative will later expand to include markets in the Middle East, Canada, Australia, and New Zealand.

    The collaboration includes discounts on vehicle maintenance, charging, financing, and leasing, depending on the market, to facilitate the transition to electric vehicles. Uber’s shares saw a 2.5% increase in premarket trading following the announcement.

    Also read: EV giant BYD secures $1B plant deal in Turkey

    Also read: China’s BYD surpasses Tesla in the Singapore and Southeast Asia EV market

    Why it’s important

    The Uber-BYD partnership marks a significant step in advancing electric vehicle (EV) adoption in the ride-hailing industry, tackling high purchase prices and borrowing costs. 

    By making EVs more accessible, Uber and BYD enhance ride-hailing sustainability and support global efforts to reduce greenhouse gas emissions. Uber CEO Dara Khosrowshahi noted that an Uber driver switching to an EV can deliver up to four times the emissions benefits compared to a regular motorist. The partnership will also integrate BYD’s vehicles with self-driving technologies, positioning Uber to leverage advanced innovations. 

    This move comes as BYD’s U.S. rival, Tesla, plans to unveil its robotaxi product in October. Uber’s collaboration with BYD and continued work with Tesla reflect its commitment to promoting EV usage and achieving an emission-free fleet in U.S. and Canadian cities by 2030. This strategic alliance accelerates the shift towards electric vehicles, benefiting drivers, customers, and the environment.

    BYD EV Uber
    Miurio Huang

    Miurio Huang is an intern news reporter at Blue Tech Wave media specialised in AI. She graduated from Jiangxi Science and Technology Normal University. Send tips to m.huang@btw.media.

    Related Posts

    Wataniya Telecom expands Algeria’s mobile infrastructure

    July 9, 2025

    Algérie Télécom accelerates national digital connectivity drive

    July 9, 2025

    Télédiffusion d’Algérie: Driving Algeria’s digital broadcast evolution

    July 9, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    CATEGORIES
    Archives
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023

    Blue Tech Wave (BTW.Media) is a future-facing tech media brand delivering sharp insights, trendspotting, and bold storytelling across digital, social, and video. We translate complexity into clarity—so you’re always ahead of the curve.

    BTW
    • About BTW
    • Contact Us
    • Join Our Team
    TERMS
    • Privacy Policy
    • Cookie Policy
    • Terms of Use
    Facebook X (Twitter) Instagram YouTube LinkedIn

    Type above and press Enter to search. Press Esc to cancel.