Moove to bring 10,000 EVs to Uber’s London fleet

Moove, a mobility fintech, is bringing 10,000 new electric vehicles (EVs) to Uber’s London fleet.

The African start-up provides access to brand new, zero-emissions vehicles for a flat weekly fee on a rent-to-buy model.

London is the global leader for Uber’s electrification efforts with over 6,000 EVs on the platform – the most of any Uber city.  Moove’s London launch will enable Uber to progress towards its goal of becoming an all-electric platform in the capital by 2025.

Moove customers can apply to use Uber’s £145 million Clean Air Plan to reduce the cost of their vehicle.

Andrew Brem, general manager at Uber UK, said: “Our aim at Uber is to become a 100% electric platform in London by 2025 and we understand that drivers need access to financing if they want to make the transition to an electric vehicle.

“Moove’s model will help more Uber drivers switch to pure electric faster, to reduce their running costs and help clean up London’s air. With demand from riders higher than ever, our partnership with Moove will benefit drivers and riders alike.”

Moove aims to be the largest EV partner on Uber’s platform in London with plans to scale to up to 10,000 vehicles by the end of 2025. 

The company’s alternative credit scoring technology provides access to vehicle financing to gig worker customers who may have previously been excluded from financial services. Over the past two years, Moove says it has enabled sustainable job creation and a path to asset ownership with its customers having completed over seven million trips in Moove-financed vehicles. 

To simplify the charging experience, Moove has launched the first end-to-end charge experience and complete EV charging network app specifically for ride-hailing drivers called Moove Charge. It enables Moove customers to locate, control, and pay for charging across one of the largest roaming networks in London, covering over 6,600 slow, fast and rapid charge points. 

Ladi Delano, co-founder and co-CEO at Moove, added: “We are proud to have built a business in Africa to now be able to scale our model here in Europe, which is something that no other African fintech company has done before. This also marks a milestone of firsts for us; as we are excited to be launching with our first 100% EV fleet. We are thrilled to be expanding our partnership with Uber to drive our commitments towards the electrification of mobility.” 

Earlier this year, Uber expanded its EV-only product Uber Green to the whole of London allowing millions of riders in the capital to book an EV on-demand for the same price as an UberX. EV drivers also benefit from a 15% boost in earnings for Uber Green trips, as well as savings on fees and running costs compared to petrol and hybrid vehicles.