Uber warns of higher prices and longer wait times following Toronto’s decision to freeze new licences for electric cars.
“As you know, some people were not happy about this,” he said in a press release. “But this was the market situation that Toronto was faced with.”
The news comes after Uber raised prices and cut its driver base in Toronto in order to keep prices low on its fleet of electric vehicles (EV’s) entering the city.
Now, Uber is trying to get the car-share company it launched on June 1, 2020, up to speed under the existing electric vehicle (EV) regulations.
In February, he said, “we’re going to take some cars and run them out so we can continue to keep prices down. This is about being strategic.”
Uber said on Friday that new drivers have been working on adding the vehicles to their fleet, and they expect to have that completed in the next few days.
“This new product is making driving more lucrative and more interesting,” said Uber’s public affairs manager Lauren Appert in a statement provided to Global News. “While the initial launch period will be very limited in terms of the number of units we’re able to order, we certainly see that as a positive.”
In February, Uber began using a fleet of over 200 electric vehicles in Toronto and Vancouver. Uber has said it wants to expand its fleet.
Uber also added more than 40,000 vehicles to its city operations just before the COVID-19 pandemic, and it has now added over 100,000 vehicles to its service across Canada and the U.S. Uber said on Friday the company is working to increase the company’s fleet to 1,000 vehicles in Toronto and Vancouver within weeks. The change will also take some of the more expensive models out of the fleet.
Uber added more than 40,000 vehicles to its city operations just before the COVID-19 pandemic, and it has now added over 100,000 vehicles to its service across Canada and the U.S.
“We’re working to increase the number of vehicles that we order, and we want to be as responsive as we can be,