Uber commits $10 million to support sustainable mobility

Uber has announced that it is committing $10 million over the next three years to support sustainable mobility in New York and other cities where the company operates.

The company is calling its campaign the ‘Fund for Sustainable Mobility’.

It will use ‘The Shared Mobility Principles for Livable Cities’, which were developed by the leading international NGOs in sustainable transportation, as its guiding principles in determining how to allocate the fund.

In a blog post CEO Dara Khosrowshahi said: "One policy we plan to put our energy behind is congestion pricing, which is viewed by urban planners, transit advocates, and academics as the single best way to ease the road congestion that is choking many cities across the globe.

"We’re ready to do our part to help cities that want to put in place smart policies to tackle congestion – even if that means paying money out of our own pocket to pass a tax on our core business.

"We’ve already been advocating for this in New York.

"With the campaign, we’re committed to bringing similar support for sustainable transportation policy to cities around the world."

Uber’s Fund for Sustainable Mobility includes investment into its Jump platform, which has integrated e-bikes onto the Uber platform.

Khosrowshahi added: "We need to ensure that cities have the infrastructure in place to support e-bikes. 

"To make this a reality, we’re launching first-of-its-kind charging stations for shared dockless bikes, where Jump bikes can be placed in a charging station when there’s one available at the rider’s destination."

The programme is starting in Sacramento, California, where Uber will offer charging stations across the city at convenient destinations, including public transit stations and universities. 

In other news...

Canyon and Darmstadt University explore future of online retail with six innovations

Canyon Bicycles has worked with Darmstadt University of Applied Sciences to explore new ways to …