Big Law
Lyft Talks With Major Automakers in Its Push for an All-Electric Fleet
Uber’s recent tie-up with Hertz and Tesla on the electric vehicle front has garnered a good bit of attention (and market gains for Hertz and Tesla, in particular), but Lyft’s co-founder John Zimmer wants to remind everyone his company was first to pledge to an all-electric fleet future.
Zimmer reiterated in an interview on Yahoo Finance Live on Wednesday a commitment to have an all-electric fleet by 2030. The company is in active discussions with the major automakers to bring EVs to its fleet to be used as part of its FlexDrive platform.
Lyft will use its cash pile of about $2.4 billion and relationships with financing partners to make its vision happen, Zimmer explained.
