So we get to ride in an Uber with the Uber CEO.
Yeah, that'll be pretty cool.
Do you get special treatment on the app?
I do not get special treatment on the app.
I wish I did.
If we call an electric car right now,
whose comes first, yours or mine?
It's an open marketplace.
It depends.
You never know who comes in first.
Alright, let's do it.
Let’s pick our destination.
You can see lots of options.
You can go Comfort Electric. You can go Green.
There's like 10 options here, right now.
More than 10 options.
A lot of options.
Are you at all worried about overwhelming consumers?
You know, going green is going to take some time.
And we want to give as many choices to consumers
so that they can pick to go green
on their terms, the way that they want.
But let's go Comfort Electric
since there are two of us in the car.
Let’s do it.
Here's Hailey.
Hello.
Hi. How are you doing?
How are you? I'm good.
What is Uber's current carbon footprint?
It's pretty significant.
Generally, the footprint is based
on essentially all the miles driven.
We completed 2 billion trips this last quarter.
And we've got to do everything that we can
in order to reduce that footprint.
And we’ve committed that by 2030 in the US,
and Europe, and Canada, we're going to be all-electric.
And by 2040, we're going to be electric all over the world.
That's an ambitious target.
Uber wants to cut emissions entirely.
So for this ride-hailing giant, that means getting to total
electrification, which would be nothing short of a green miracle.
It's all part of the company's sustainability agenda
called Go-Get Zero.
The goal is to go electric and create the incentives
for drivers to go electric as quickly as possible
and riders to pick electric as well.
So the smart charging technology is allowing
drivers to know when and where to charge,
to feel safe to get routes that are efficient.
Then on the rider side,
is actually a feature for you to see how much you're saving
in terms of emissions.
So when you get that Green car
or when you get that Comfort Electric,
we’ll show you how much
you're helping out the environment,
how many emissions you're saving.
We have to get that flywheel together.
We need drivers to choose electric.
And then we're going to put more
and more electric options in front of consumers as well.
How much more does it cost to ride Electric?
If you're taking Green,
actually, it's the same exact price as an UberX.
So are you taking the hit on that?
Or does the driver take the hit on that?
Where does that cost?
We take the hit.
So we've said that we are investing $800 million
in the transition to electric.
And we've got to make it economically sensible
for drivers.
So for example, our take rate on Electric rides is lower.
Because right now, generally,
EVs cost more than combustion engines.
So I asked my Uber driver today
if he would switch to electric and he said absolutely not.
He said the grid's not ready.
Mhmm.
What about the range anxiety?
What about the time it takes to charge
when you could be driving?
You could be making money.
Yeah, those are real issues.
And I do think that as it relates to charging,
we're introducing now smart charge and routing technology.
How does that work?
What it does is when you go out and start driving
based on your earnings opportunity in the city,
we will identify
smart locations for you to charge.
We’ll tell you when you should charge.
Because even the charging costs go up and down
on a daily basis or based on different locations.
And another really cool technology that we're
introducing is actually smart routing as well.
We use AI algorithms so that if,
let's say you're at a 25% charge or a 30% charge,
we won't send you on a really long trip.
But we're not going to send you on a trip
that is in a charging desert.
We're going to make sure that
there are plenty of chargers around.
Time to charge up.
Alright, yes it is.
Does the charge time bother you?
Honestly, it does.
Yeah.
It's different.
It's something to get used to.
I don't like waiting too long
before I have to go.
Why did you buy a Tesla?
The pricing.
Like with gas right now, it’s so expensive.
I come from spending $400 a week
to spending $150 a week.
And that's a major deal,
especially when it comes to budgeting.
Do you think Uber’s treating drivers right?
I think they should be able to pay a little more.
I think the benefits should be better.
Like what?
Like health care, paid time off,
just regular benefits that,
you know, every other job gets.
The biggest obstacle is getting
all of these independent parties,
all of these companies,
all of these governments and then consumers
to work together
in a way for a single goal, which is electrification.
So we're saying, hey, let's as Uber,
we should take a lead in electrification.
And in the end, it's good business to go green.
Right.
San Francisco still hasn't recovered from the pandemic.
What are Uber levels?
Well, when we look at San Francisco in terms of
Uber and how it's come back pre-pandemic,
San Francisco honestly is pretty low.
On a global basis in terms of trips,
we're well above pre-pandemic level.
We're going through a particularly difficult time
but never bet against the tech sector
and never bet against San Francisco coming back.
Well I hope you're right, because it's my home too.