Ride-sharing firm Lyft commits to all electric vehicles by 2030

American ride-sharing company Lyft has joined the electric vehicle initiative, EV100, committing to electrify its entire fleet of around two million vehicles by 2030.

Lyft will work work with its drivers to electrify vehicles over the next ten years.

Drivers could save an estimated $10 billion in reduced vehicle operating expenses by switching to EVs, and Lyft estimates this will reduce 16 million metric tons of GHG emissions.

EV100 is an initiative by international non-profit The Climate Group, bringing together over 70 forward-looking companies committed to accelerating the transition to electric vehicles (EVs) and making electric transport the new normal by 2030. Other members include Lime, AstraZeneca, and Ingka Group (IKEA).

Helen Clarkson, CEO of The Climate Group, said: “It's exciting to see a commitment like this from a company like Lyft, showing that the sharing economy can also pursue ambitious climate targets. By working with drivers to electrify more than an estimated 2 million vehicles over the next ten years, Lyft is not only sending a clear signal to policy makers and manufacturers, but will also allow millions of passengers and drivers the chance to experience the benefits of clean transport. A ride-sharing platform such as Lyft making this commitment shows that electric can be the new normal.”

“Now more than ever, we need to work together to create cleaner, healthier, and more equitable communities,” said John Zimmer, Co-founder and President, Lyft. “Success breeds success, and if we do this right, it creates a path for others. By adopting our 100% EVs by 2030 commitment and joining EV100, we hope to inspire other rideshare and delivery companies, automakers and rental car companies to make this shift and provide the catalyst for transforming transportation as a whole.”

Sam Arons, Director of Sustainability at Lyft said: "We're proudly joining EV100 to kick-start our commitment to 100% electric vehicles on the Lyft platform by 2030. The Climate Group's leadership in bringing together these forward-looking companies will help make electric transport the new normal within a decade. As we work to meet our goal, we'll be creating more equitable and healthier communities."