Lyft Leads Charge to 100 Percent Electric Vehicles by 2030

Rideshare provider to push lawmakers, industry to go electric

Signage for Lyft is seen displayed at the NASDAQ MarketSite in Times Square in celebration of its initial public offering (IPO) on the NASDAQ Stock Market in New York on March 29, 2019. Shannon Stapleton/Reuters

Ride-share company Lyft announced its commitment Wednesday to ensuring that every vehicle on its platform will be electric by 2030. The company will not offer financial support to drivers to make the change from gas-powered vehicles, but promised to work with policymakers, partners, and drivers to drive down electric vehicle (EV) costs and expand infrastructure and other incentives.

The company said that the motivation to electrify its fleet comes from a desire to reduce greenhouse gas emissions.