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November 1, 2021updated 15 Nov 2021 6:23am

Uber Launches Uber Green to Reduce Carbon Emissions

By Sumanth Kuluru

Concept: Uber has launched a new service called Uber Green that allows passengers in central London to request an all-electric, zero-emission vehicle rather than a regular fossil-fuelled or hybrid car. The service was launched to help reduce emissions and drive a green recovery to the COVID-19 crisis.

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How can hydrogen ride the sustainability wave?

The Hydrogen market is expected to expand significantly in the next few years – GlobalData has tracked more than 43.6 mtpa of total active and upcoming low carbon hydrogen production capacity (green and blue hydrogen). As the industry develops and the cost of producing hydrogen drops, demand is expected to increase significantly. As a result, countries across the world are announcing much needed supporting policy framework for hydrogen. While refining and ammonia production have traditionally been the key consumer sectors for hydrogen, new uses such as transport and energy storage are set to influence the market. While green hydrogen presently has a small share in the overall production mix, it is poised to increase given the ambitious targets announced by various countries. GlobalData’s report provides insights into key issues in the emerging hydrogen space, such as:
  • Hydrogen value chain
  • Demand drivers
  • Key application areas
  • Technology trends
Read this report and formulate winning strategies for your business.
by GlobalData
Enter your details here to receive your free Report.

Nature of Disruption: In London, passengers booking within Zone 1 can book Uber Green to any destination. The non-emission taxi works the same way as a regular Uber. Passengers can book Uber Green just like booking an UberX. Uber Green also costs the same as an UberX journey on the app.  Additionally, to encourage more drivers to switch to a fully electric vehicle, Uber offers a 15% reduction in service fees on Uber Green trips. This can help drive the mass market, thereby improving air quality for all citizens of London.

Outlook: After the first wave of the coronavirus pandemic, as more cities are beginning to open up, Uber aims to make use of this opportunity to drive a green recovery by launching fully electric cars on the Uber app in London that reduces emissions and keeps the city’s air cleaner. It also encourages riders to take action on climate change. Uber plans to be fully electric by 2025. The mobility company also plans to launch Uber Green in many other US locations by the end of 2021.

This article was originally published in Verdict.co.uk

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Free Report
img

How can hydrogen ride the sustainability wave?

The Hydrogen market is expected to expand significantly in the next few years – GlobalData has tracked more than 43.6 mtpa of total active and upcoming low carbon hydrogen production capacity (green and blue hydrogen). As the industry develops and the cost of producing hydrogen drops, demand is expected to increase significantly. As a result, countries across the world are announcing much needed supporting policy framework for hydrogen. While refining and ammonia production have traditionally been the key consumer sectors for hydrogen, new uses such as transport and energy storage are set to influence the market. While green hydrogen presently has a small share in the overall production mix, it is poised to increase given the ambitious targets announced by various countries. GlobalData’s report provides insights into key issues in the emerging hydrogen space, such as:
  • Hydrogen value chain
  • Demand drivers
  • Key application areas
  • Technology trends
Read this report and formulate winning strategies for your business.
by GlobalData
Enter your details here to receive your free Report.

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