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Zero: The Climate Race

The backlash against EVs is growing. Uber is pushing back.

Zero: The Climate Race

Bloomberg

Technology, Business, Science

4.7219 Ratings

🗓️ 17 October 2024

⏱️ 45 minutes

🧾️ Download transcript

Summary

Electric vehicle sales have hit the brakes in Europe and the US in recent months, as cost-conscious drivers have opted for cars with exhaust pipes instead. Bucking the trend is ride-sharing giant Uber, which is not only adding zero emission models to its fleet, but also lobbying regulators to demand more EVs on the road. On Zero, Dara Khosrowshahi discusses the company’s short and long-term green goals, and tells Akshat Rathi why he believes electric cars are good for business – not just for the environment. He also discusses autonomous cars, flying taxis, carbon accounting and what a just transition would look like for the company’s workforce. 

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Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks this week to Aaron Rutkoff, Siobhan Wagner, Ethan Steinberg, and Monique Mulima. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Welcome to Zero, I am Akshadrati.

0:02.0

This week, can Uber go green?

0:05.0

It may surprise you to learn that Europe's biggest lobbyist for electric cars isn't an automaker,

0:24.6

or the battery industry. It's Uber.

0:28.6

That's surprising because in recent months there has been a slowdown in electric car sales,

0:33.6

and automakers want a reprieve on their green goals. Not Uber though. The

0:39.5

right-hailing company has been leading the charge to get regulators to change the rules and

0:45.1

get more electric vehicles on the road. On this week's episode, I got to ask the company's CEO,

0:51.5

Dara Kosrosha, about it. He was in London recently, making the case that Uber customers should opt for the electric

0:59.5

car option in their app, even if it means waiting a few extra minutes.

1:05.7

As an occasional Uber taker, the green feature is something I am familiar with. And it is a step in the right direction.

1:13.4

But it's only available in 200 cities out of the 10,000 that have Uber's. As you'll hear in the

1:21.5

conversation, in 2020, Uber set some big goals about going electric for 2025, 2030 and 2040.

1:30.3

It's unlikely that the company will meet the 2025 goals and even the 2030 goals are going to be a stretch.

1:38.3

But the company is sticking with them because Uber sees going electric being good for business, not just for the planet.

1:46.7

There are other reasons to go electric.

1:48.7

We talk about driverless cars, and I tried one of those for the first time in San Francisco

1:53.6

this summer.

1:54.9

And we talk about flying taxis, a climate solution I haven't tried yet.

1:59.6

But we didn't stop there. Few CEOs of major companies sit down with a climate solution, I haven't tried yet. But we didn't stop there.

2:04.4

Few CEOs of major companies sit down with a climate journalist.

2:08.5

So I asked him about carbon accounting and also about a just transition.

...

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