Lyft Pledges to Go All-Electric by 2030 The aim is to reduce greenhouse gas emissions and fuel consumption.

By Stephanie Mlot

Opinions expressed by BIZ Experiences contributors are their own.

Lyft via PC Mag

Lyft plans to emerge from the COVID-19 crisis to a "better, cleaner, and more sustainable" future. Specifically, one in which the ridesharing firm employs only electric vehicles.

Lyft on Wednesday announced plans to go 100 percent electric by 2030. In collaboration with Environmental Defense Fund, the company is working to transition drivers over to EVs, with the aim being to reduce greenhouse gas emissions and fuel consumption.

"Now more than ever, we need to work together to create cleaner, healthier, and more equitable communities," Lyft President John Zimmer said in a statement. "Success breeds success, and if we do this right, it creates a path for others. If other rideshare and delivery companies, automakers and rental-car companies make this shift, it can be the catalyst for transforming transportation as a whole."

Related: Lyft Drivers Earn Extra Cash Transporting Food, Supplies for Charities, Businesses

The move, however, won't be easy. It means transitioning every vehicle on Lyft's platformc — composed of independent contractors operating their own cars — over the next decade. Aside from touting the "potential benefits" of EVs (including lower fuel and maintenance costs), the firm did not directly address how it will accomplish its goal. In 2018, Lyft made all rides carbon-neutral through a carbon offsets program, and last year launched hundreds of EVs via Express Drive in Seattle, Atlanta and Denver. "But to reach our commitment by the end of 2030, we will need to harness the power of Lyft and its partners to drive radical change," the company explained.

"Getting there will require investing in clean energy to create jobs and reduce pollution and radically shifting how we move people and products," Fred Krupp, president of the Environmental Defense Fund, added. "Lyft's commitment accelerates momentum toward this future and sets the standard for other tech and transportation leaders to follow suit."

Stephanie Mlot

Reporter at PCMag

Stephanie began as a PCMag reporter in May 2012. She moved to New York City from Frederick, Md., where she worked for four years as a multimedia reporter at the second-largest daily newspaper in Maryland. She interned at Baltimore magazine and graduated from Indiana University of Pennsylvania (in the town of Indiana, in the state of Pennsylvania) with a degree in journalism and mass communications.

Want to be an BIZ Experiences Leadership Network contributor? Apply now to join.

Starting a Business

These Brothers Started a Business to Improve an Everyday Task. They Made Their First Products in the Garage — Now They've Raised Over $100 Million.

Coulter and Trent Lewis had an early research breakthrough that helped them solve for the right problem.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for BIZ Experiencess to pursue in 2025.

Franchise

10 No-Office-Required Businesses You Can Start for as Little as $5,000

With strong Franchise 500 rankings and investment levels starting under $5,000, these brands are ready for new owners to hit the ground running.

Franchise

How to Prepare Your Business — And Yourself — For a Smooth Exit

After decades of building your business, turning it over to someone else can be emotional. But with the right mindset and a strong plan, it can also be your proudest moment.

Business News

Here Are the 10 Jobs AI Is Most Likely to Automate, According to a Microsoft Study

These careers are most likely to be affected by generative AI, based on data from 200,000 conversations with Microsoft's Copilot chatbot.