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Uber

Uber to close car share business in Australia

Uber Australia will close down its carshare business after acquiring the Car Next Door start-up for $105 million in 2022. The Australian Financial Review reports that Uber Carshare boss Will Davies did not respond to its request for comment, and an Uber spokesperson declined to comment.

Uber putting A$26m into Australian EV market

Uber will invest A$26million in Australia’s electric vehicle market. The investment consists of a 50% service reduction fee from July 1 (from 25% to 12.5%) for driver-partners using battery electric vehicles (BEVs) on the platform until June 30, 2025.

Uber to install EV Hub

Uber has announced a suite of new product innovations, including ways they are pushing for a sustainable future via a virtual event hosted by chief executive Dara Khosrowshahi.