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Research Outline
Prepared for Anand N. | Delivered May 12, 2020
Electric Ride-Sharing Trends
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Goals
Gain an understanding of projected trends related to electric ride-sharing services globally.
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Early Findings
Competitive Benefits of Environmental Consciousness
In order to stay competitive, ride sharing companies have increased their focus on carbon emissions, recognizing that shared rides and carbon efficient vehicles allow ride sharing to promote
environmental benefits of using ride sharing
.
This is especially important given research is beginning to show that ride hailing
actually increases emissions,
due to the many miles driven between rides with no passengers.
One source estimates that ride shares currently create
69% more carbon emissions
than the trips they displace would.
R
i
d
e
s
h
a
r
e
customers are also increasingly
demanding electric ride options.
One poll showed that over half of
U
b
e
r
customers would pay an extra
$0.15
–
$0.20
per kilometer for zero-emissions rides, approximately
13% more per trip.
New Regulations around
R
i
d
e
s
h
a
r
i
n
g
In order to address carbon emissions, some cities are exploring
legislation that encourage electric
r
i
d
e
s
h
a
r
e
s
.
For example, the c
ity of Los Angeles
recently explored the idea of mandating all new
r
i
d
e
s
h
a
r
e
vehicles are electric, and
S
h
e
n
z
h
e
n
, China
recently banned the use of gas vehicles for
r
i
d
e
s
h
a
r
e
s
, only allowing electric vehicles for ride sharing.
Improved Electric Grid
As personal drivers and ride sharing vehicles
go increasingly electric
, some areas are boosting their charging capacity.
This is projected to improve the accessibility and popularity of using an EV vehicle for
r
i
d
e
s
h
a
r
i
n
g
, as the increased convenience will
increase the benefits
to drivers on platforms like
U
b
e
r
and
L
y
f
t
of choosing an electric option.
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