UBER UPDATE
TAXI DRIVERS BLOCK BRUSSELS DEMANDING THE EU INVESTIGATES UBER FILES REVELATIONS
Hundreds of taxis jammed the streets of Brussels on Thursday 8 September, honking their horns as part of a demonstration by taxi drivers from across Europe. They were demanding the European Commission launch an official inquiry into whether politicians were
improperly influenced by Uber following
revelations contained in the Uber Files, an investigation on Uber’s global lobbying machine published in July by the ICIJ and dozens of media partners. The drivers, representing taxi unions and trade groups from nearly 20 countries, also requested meetings with top European Commissioners, including the body’s president, and insisted the commission roll back policy guidance they said would deregulate the continent’s taxi industry to favour services based on transportation apps such as Uber. The Uber Files revelations have stirred up Europe, immediately sparking taxi driver protests in Italy, France and the United Kingdom, as well as calls for probes of authorities whose dealings with Uber were
UBER CEO SETS DEADLINE TO MOVE TO ELECTRIC VEHICLES
Uber CEO, Dara Khosrowshahi, stated that he doesn’t want Uber drivers to drive gas-powered vehicles past 2030. However, for a company that prides itself on being a platform and not a service provider with employees, electrifying a fleet they don’t even own may prove challenging. The foremost challenge for Uber in implementing EVs is that they cannot give them to drivers as the Uber platform is built on the idea that you bring your car to them and drive it on their ride-hailing app. Another challenge the company faces is the limited affordable EV options available to drivers. The best way to make money as a driver is to drive a cheaper vehicle that is cheap to maintain. While EVs are certainly cheap to maintain, they are often cost-prohibitive. The CEO states explicitly that automakers need to work towards providing EV options between $20-30,000 instead of the average $50-60,000 starting price that we see today. Hopefully, cheaper options are on the horizon.
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detailed in the files, and demands in several countries to reform lobbying regulations. Thursday’s Brussels demonstration represented an escalation of taxi unions’ calls for governments to investigate Uber’s lobbying of political leaders. Starting at Brussels’ main train station on the north side of the city, protesters marched holding signs that read, “Don’t let Uber make the law,” stopping at the office of Rudi Vervoort, minister-president of the Brussels-Capital Region. The march ended at the European Commission’s headquarters. A commission official told ICIJ that cabinet members of Transportation Commissioner Adina Valean and Jobs & Social Rights Commissioner Nicolas Schmit Cabinets planned to meet representatives of the taxi unions.
Uber is now facing multiple legal threats including a class action lawsuit alleging that the company wasn’t forthright with its shareholders about prior misconduct, including wrongdoing exposed in the Uber Files which caused stock prices to drop 5%.
LOCAL CAB EXTENDED WITH EIGHT MORE UK OPERATORS
Uber announced that it is extending its Local Cab product with a further eight operators across the UK: • Salford - Lynch Private Hire • Pontefract - Action Cars & Taxis • Nottingham - Nottingham Cars • Darwen - Rapid Private Hire • York - Streamline Taxis • Bradford - Eccleshill Premier Taxis • Hinckley - A1 Taxis • Lincoln - Handsome Cabs
OCTOBER 2022 PHTM
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