Ride-hailing giants Uber Technologies Inc. and Lyft Inc. are pressing lawmakers to advance electric vehicle provisions included in the sprawling reconciliation bill in an effort to boost their climate goals.
When Curt Kinder bought a new electric Chevy Bolt three years ago, he wanted an excuse to drive it as often as possible. “It’s so smooth, quiet and agile,” he said.
So the 55-year-old electrical engineer and business owner in Jacksonville, Florida, signed up to become one of the first electric vehicle owners to drive for Uber and Lyft. Like any curious engineer, Kinder kept a meticulous spreadsheet of income and expenses for all of his 6,000-plus ride-hailing trips. He quickly realized an important truth: It s more profitable to operate an EV than a gas-powered car. Kinder spends about $5 per day on electricity to charge his car. Paying for enough gasoline to cover hundreds of miles each day would cost about $18. That $13 difference amounts to over $3,000 per year that goes right into his pocket.
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May 11 2021, 12:28 AM
(Bloomberg) When Curt Kinder bought a new electric Chevy Bolt three years ago, he wanted an excuse to drive it as often as possible. âItâs so smooth, quiet and agile,â he said.
(Bloomberg)
When Curt Kinder bought a new electric Chevy Bolt three years ago, he wanted an excuse to drive it as often as possible. âItâs so smooth, quiet and agile,â he said.
So the 55-year-old electrical engineer and business owner in Jacksonville, Florida, signed up to become one of the first electric vehicle owners to drive for Uber and Lyft. Like any curious engineer, Kinder kept a meticulous spreadsheet of income and expenses for all of his 6,000-plus ride-hailing trips. He quickly realized an important truth: It s more profitable to operate an EV than a gas-powered car.