News World Uber aims to go all-electric in London in 2025

Uber aims to go all-electric in London in 2025

Uber plans for every car on its taxi app in London to be fully electric in 2025 and will add a clean air fee to each trip from early next year, its boss told reporters in the British capital city on Tuesday.

Chief Executive Dara Khosrowshahi, who pulled out of a Saudi conference after the murder of journalist Jamal Khashoggi, also said the firm would wait for answers about the incident before deciding how that might affect Saudi investment in a stock market flotation.

After reports that Uber was looking into acquiring British food courier Deliveroo, Khosrowshahi said the firm was very happy with its Uber Eats equivalent but is talking to many players around the world.

“Is something going to happen with Deliveroo? Who knows,” he said.

The rapidly-expanding firm is simultaneously trying to appease regulators in key markets such as London, with initiatives such as on environmentally-friendly vehicles, as well as expanding into new areas ahead of a flotation.

After a media report said the firm was seeking minority stakes in its self-driving car business Advanced Technologies Group, Khosrowshahi said:

“It’s going to be part of the family and how the capitalisation looks like is something that we are ultimately open to but it is not an area of focus right now.”

In light of the Khashoggi affair, asked about how Uber might handle Saudi investment as part of its IPO, he said:

“First we want to get the facts and we will make that determination about how we go forward, how we raise money going forward, what our post-IPO board make-up is.”

“All of those are options and again we make conclusions based on all the facts,” he added.

(Reuters)

Top Stories

Just three Covid-19 patients at Famagusta Hospital

  There are currently only three coronavirus patients at Famagusta General Hospital, which is the referral hospital for Covid-19, CNA reports. Their condition is described as...

Child allowance paid to 50,695 families

  Child allowance has been paid to 50,695 families who have received a total of €29 million, the Labour Ministry has announced. It said that an allowance...

Third British scientist warns over rush to lift lockdown

  A third member of a scientific advisory body to the British government has warned that it is too soon to lift the COVID-19 lockdown...

Unrest flares in U.S. cities despite arrest of Minneapolis policeman

The white former Minneapolis police officer shown in video footage using his knee to pin an unarmed black man's neck to the street was...

MPs set to approve tougher penalties to crack down on traffic offenders

  Traffic offenders will need to dig deep into their pockets under long-awaited tougher penalties set to be approved by the House of Representatives by...

Taste

Local cuisine: An introduction

Rich in fresh ingredients and tasty herbs, offers the very best of Mediterranean culinary delights. Head out to a tavern and feast on a...

Spiced lamb with beetroot salad and scented yoghurt

Lay the lamb on a tray, skin side down. Rub with crushed garlic, sprinkle with spices and ground pistachios, wrap in plastic wrap and...

Easy seafood pasta with white wine sauce

Ingredients: 2-3 tbsp olive oil 1 garlic clove, chopped 2-3 tablespoons of whipped cream 1/3 cup white wine 300g spaghetti, roughly broken 300-400g of...

Traditional salads that will blow your mind away

This traditional salads will make you actually love salads! Cyprus may be famous for souvla and kleftiko but if you try the traditional salads with...