
Uber drivers are now more concerned about charging than EV cost
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Uber does have an ace up its sleeve in mitigating this issue. Last year, the company hired Rebecca Tinucci, the former head of charging infrastructure at Tesla Inc., to oversee its electrification efforts. Nine months into the job, she's brokered a partnership the company expects will improve charging access for 55,000 drivers in London, Boston, and Phoenix, and is rolling out a tool to help 40 cities decide on where to locate their next public plugs.
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'We've got to get to work,' Tinucci said in an interview. 'As comfortable as I am in the charging space, I fully recognize how difficult it is to do charging well.'
Uber is partnering with London, Boston and Phoenix as part of C40 Cities, a group affiliated with Michael Bloomberg, the founder and majority owner of Bloomberg News parent Bloomberg LP.
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In addition to contributing technical support, research and policy advocacy to those three cities, the company is launching what it calls an Electric Vehicle Infrastructure Estimator tool that will project future demand for EV charging from Uber drivers. The company is rolling out the service to cities covering almost 60 percent of EV drivers on the Uber platform.
The tool is more than just in Uber's self-interest.
The name of the game for charging-station operators is driving high utilization. Drivers doing pickups and drop-offs around the clock are just the sort of customer operators are looking for.
'There's an incredible base of demand there that we at Uber should be able to rally in support of developing more infrastructure,' Tinucci said.
Uber already has seen this play out.
Three years ago, the company invested £5 million ($6.73 million) toward installing 700 EV chargers across north and east London. Its chargers in the borough of Newham are being used at more than twice the national average rate.
'The challenge at Tesla was kind of single-focused around Tesla vehicles,' Tinucci said of her previous role. 'What brought me to Uber was the potential for impact. We have the largest EV fleet in the world, and we're just getting started.'
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Gizmodo
20 minutes ago
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TechCrunch
43 minutes ago
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Yahoo
an hour ago
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Filling up your car is going to cost you money one way or another. For an electric vehicle, like a Tesla, you need to find a charging station to give your battery the juice it needs to operate. For other cars, like a Honda Civic, the price of gas can be fairly high if you are planning on getting a full tank at the pump. For You: Trending Now: So let's do the math: read below to find out what it actually costs to charge a Tesla each month compared to the price of gas for a Honda Civic in the same month. Joseph Nagle, head of Corporate Strategy at Pando Electric, broke down this question in a few ways, looking at monthly fuel costs, which will vary based on state, analyzing national costs versus two of the larger electric vehicles (EVs) states that also have a fairly wide variance between electricity pricing and gas. Nagle outlined an example based on 1,000 miles driven each month, with Tesla Model 3 efficiency clocking in at approximately 4 miles per kWh and Honda Civic coming to 33 MPG combined. When it comes to national averages, Nagle listed the cost of electricity at 15 cents per kWh while gas came to about $3.75 per gallon. Check Out: Looking at annual costs, Tesla Model 3's calculation is $37.50 per month (250 kWh x 15 cents), equaling $450 yearly and the Honda Civic calculation looks like $113.63 per month (30.3 gal x $3.75), equaling $1,363.56 yearly. This means that across the country, the savings go to Tesla at $76.13 a month, which equals $913.56 per year. To further illustrate the cost comparison between a Tesla and Honda Civic, Nagle analyzed two states: California, which has a high-cost market for transportation expenses and Florida's lower-cost region for fuel. In California, electricity costs on average 33 cents per kWh and gasoline is $4.78 per gallon. Examining annual vehicle costs in the state, the Tesla Model 3's bill comes out to $82.50 per month (250 kWh x 33 cents), equaling $990 a year, while the Honda Civic is $144.08 per month (30.3 gal x $4.78), equaling $1,728.96 a year. This means the Tesla has a savings of $61.58 a month or $738.96 per year. Florida, on the other hand, has average costs of 16 cents per kWh for electrics and $3.08 per gallon for gasoline. Factoring the yearly vehicle costs in Florida would have a Tesla Model 3 amounting to $480 a year based on $40 per month (250 kWh x 16 cents) and a Honda Civic at $1,119.84 a year coming from $93.32 per month (30.3 gal x $3.08). Again, the Tesla wins with $53.32 per month, adding up to $639.84 a year. In every scenario-national average, California's high-cost market and Florida's lower-cost region — Nagle had some insights to share. 'The Tesla Model 3 substantially outperforms the Honda Civic in terms of fueling costs. Even with California's significantly higher electricity prices, Tesla remains the cheaper choice monthly and annually,' Nagle said. 'This highlights a key advantage of EV ownership: regardless of location, driving electric consistently costs significantly less than fueling a gasoline-powered vehicle,' he added. More From GOBankingRates 3 Luxury SUVs That Will Have Massive Price Drops in Summer 2025 Warren Buffett: 10 Things Poor People Waste Money On 10 Unreliable SUVs To Stay Away From Buying This article originally appeared on Here's What It Costs To Charge a Tesla Monthly vs. Using Gas for a Honda Civic