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Wire · operational-macro

Uber promises 100% electric vehicles by 2040, commits $800 mln to help drivers switch

12 October 2026 · By · Wire by Fusion42

Published

12 October 2026

Topic

operational-macro

◆ Sectors

Micromobility

◆ Geography

United States

◆ Source

Read at reutersconnect.com →

◆ Verified

Fusion42 · 13 October 2026 · Fusion42 review

Uber has committed to transitioning its entire vehicle fleet to 100% electric vehicles by 2040 and is allocating $800 million to assist drivers with the switch.

This Wire brief sits within Fusion42's coverage of Micromobility.

◆ ◆ The Wire takeaway

Uber’s $800 million plan to electrify its fleet by 2040 opens a wider market for EV manufacturers and charging infrastructure providers that you should target now. If you supply EV support services or hardware, Uber is a clear investor and customer to engage this year.

◆ Coverage

1 source · 12 Oct 2026

◆ Related on Wire

◆ Topics

Micromobilityelectric-vehiclesclimate-changemobility-transitiongmrenault-nissan