Electric Vehicle (EV) Taxi Market Share

Electric Vehicle Taxi Market Share

Uber Electric (Uber Technologies Inc), Tesla, Inc., and BMW Group held a significant market share of over 11% in 2023. Uber is expanding its electric vehicle fleet through partnerships with automakers like Nissan and Tesla, offering incentives for drivers to switch to EVs. The company has committed to becoming a zero-emissions platform by 2040 and is promoting Uber Green, which allows customers to choose electric rides, enhancing its sustainability credentials.
 

Tesla is targeting the EV taxi market by providing advanced, long-range electric vehicles like the Model 3 and Model Y for ride-hailing services. Tesla focuses on leveraging its superior battery technology, autonomous driving features, and charging infrastructure, while partnering with taxi services to deploy its EVs, aiming to reduce operational costs and improve ride efficiency.
 

BMW is positioning its i-series electric models, such as the i3 and i4, for the EV taxi market, focusing on sustainability and urban mobility solutions. The company promotes e-mobility through its "BMW eDrive Zones" initiative, which automatically switches plug-in hybrids to electric mode in designated low-emission zones, aligning with regulatory requirements and reducing emissions.
 

Electric Vehicle Taxi Market Companies

Major players operating in the industry are:

• BAIC Group
• BluSmart Mobility
• BMW
• BYD Company
• Didi Chuxing
• Lyft
• Ola
• Snap E
• Tesla
• Uber Electric