Sunday, November 28, 2021

ਵਾਹਿਗੁਰੂ

spot_img
yes punjab punjabi redirection

Lokan Da Channi

Channi 8

Bijli Bill

36000

Sada CM

Hunarmand

Mera Ghar

Kisan Karza

Markfed Sept to Nov

Innokids Green

Uber aims for 50,000 Teslas on its platform by 2023

- Advertisement -

San Francisco, Oct 27, 2021- Ride-hailing company Uber is acquiring 50,000 Tesla vehicles to rent to its drivers as part of an ambitious plan to electrify its fleet in the US by 2030.

The ride-hailing company is working with US-based rental car company Hertz, which announced that it had ordered 100,000 Tesla vehicles.

The move comes as car companies and transportation providers around the world are coming under regulatory pressure to phase out gas-powered vehicles in favour of those that produce zero emissions, reports The Verge.

California, the largest auto market in the US, set in place rules for ride-hailing companies like Uber and Lyft, requiring that 90 per cent of their fleets be electric by 2030.

Uber has long offered discounts on car rentals to drivers who don’t own their own vehicle, with Uber and Hertz working together on such a programme since 2016.

But they have never collaborated to rent out one specific vehicle to drivers until now, the report said.

Starting November 1, Uber drivers who live in Los Angeles, San Francisco, San Diego, and Washington, DC can rent a Tesla Model 3 through Hertz at a rate of $334 a week, including maintenance and insurance.

The weekly rate will fall to $299 or lower as the programme gets underway, Uber says. And the programme will expand nationwide in the weeks to come — to have all 50,000 Teslas on Uber’s platform by 2023.

It may be difficult to attract drivers to the programme with a weekly rate of $334, but Uber is confident that drivers will see the benefit in fuel savings and less maintenance.

Meanwhile, Elon Musk-run electric car company has hit the $1 trillion market cap for the first time.

Tesla becomes the fifth US company to join the $1 trillion club, after Apple, Microsoft, Amazon and Alphabet.

Its stock soared to a new record-high after it crossed $950 during the trading — up more than 9 per cent.

The rally came after the US-based rental car company Hertz said it has ordered 100,000 Tesla vehicles (worth at least $4.2 billion) by the end of 2022 as part of an ambitious plan to electrify its fleet.

The move includes a new EV charging infrastructure across the company’s global operations. (Agency)

Subscribe to YesPunjab Telegram Channel & receive important news updates

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -spot_img

Stay Connected

20,369FansLike
112,988FollowersFollow

ENTERTAINMENT

National

GLOBAL

OPINION

Taliban Fighters

The ‘Good’, the ‘Bad’ and the ‘Deobandi’ Taliban – by Asad Mirza

While an effort to classify the Taliban into good and bad is rather easy, the underlying reasons to classify them as Deobandi becomes a...
Interest Rates

When you (and everyone else) expect interest rates to rise – by Suyash Choudhary

The last few weeks have been notable from a global rates environment standpoint, particularly in developed markets. Markets across many such geographies have brought...
Diwali Diya

Diwali resolution we need in Covid times for a breathable future – by Dr Rajat Arora

The much-awaited festival of lights stands at our threshold -- the harbinger of peace and prosperity. With the economy coming back on track after...

SPORTS

Health & Fitness

Device alerts risk of heart attack

This device alerts risk of heart attack due to over exercising

New Delhi, Nov 28, 2021- There have been reports of sudden death of some film actors and other big personalities. Despite being healthy and young, these deaths happened due to cardiac arrest. Experts say a big reason for this is excessive exercise. IIT scholars have now come up with an innovative device that will raise an alarm about the risk...

Gadgets & Tech