Lyft, Electrify America Helping Make Electric Vehicle Charging More Affordable with New Agreement
Drivers on Lyft will be able to access exclusive discounts at Electrify America charging locations across the country
As Lyft moves towards its goal of reaching 100% electric vehicles (EVs) on our platform by the end of 2030, ensuring access to affordable charging is a crucial step. That’s why we’ve entered into a new agreement with Electrify America, the largest open DC fast charging network in the U.S. As Electrify America’s first rideshare collaboration, drivers on Lyft will be able to access discounted charging at Electrify America public charging locations across the country.
“Upfront costs and access to affordable charging continue to be two of the biggest challenges drivers face when transitioning to electric vehicles. By becoming the first rideshare company to team up with Electrify America, we’re further attacking those barriers head on. Drivers could potentially save hundreds of dollars on charging per year, in addition to the money they would already save on maintenance, by making the switch to EVs. It’s a win for drivers and a win for our environment,” said Erin Gray, Product Director at Lyft.
Starting this week, drivers will be able to enroll in the discount program through the Lyft driver app and follow instructions to activate their discount code. In addition, drivers can use the Electrify America app to locate nearby charging stations, check charger availability, and navigate to the charging stations.
“This new agreement expands our existing relationship with Lyft and helps Electrify America advance EV adoption by advancing electrification of ride-share miles,” said Robert Barrosa, president and CEO of Electrify America. “Not only will drivers with Lyft enjoy the advantages of Electrify America’s ultra-fast and convenient charging network, but by using the new benefits, they can also quickly get back on the road to transport passengers to their destinations in a more sustainable way.”
This agreement further builds on recent announcements aimed at improving the driving experience on Lyft, particularly for EV drivers. In December, we unveiled a new suite of offerings and partnerships aimed at helping drivers switch to EVs. This included a new ride challenge for drivers in California, discounts on charging, and expanded EV inventory for our Express Drive rental program. And just this month, we announced a new-and-improved driver experience, plus upgrades to upfront pay and features offering drivers even more control, choice and transparency.
Drivers hoping to make the switch to EVs will also be able to enjoy numerous benefits, both on and off the Lyft platform, including:
Up to $7,500 off certain EVs with federal incentives — with many state and local governments offering additional incentives.
New EVs offer a median driving range of more than 230 miles on a single charge. That’s good news for the 90% of drivers on Lyft who drive fewer than 230 miles per day.
EV drivers on Lyft earn over 25% more in tips per ride, according to data averaged nationwide.*
Lyft is also taking a holistic approach to sustainability and environmental justice by helping drivers transition to electric vehicles, riders take more sustainable forms of travel, and businesses reduce their carbon footprint. In January, Lyft Business launched a new reporting tool to help partners track their total emissions on the platform. We expanded ‘Green’ mode to help connect riders with electric and other lower-emission vehicles. And we are a leading micromobility operator to help further support zero-emissions transportation.
We expect to continue making further strategic investments and advocating for smart policies to help us all achieve our climate goals.
* Tip amount depends on many factors, including where you’re driving and the age of your vehicle. This figure is based on nationwide data from 1/1/2023 - 5/31/2022 across all US regions and vehicle ages.
Certain statements contained in this announcement are “forward-looking statements” within the meaning of the securities laws, including statements about Lyft’s strategies, commitment to electric vehicles and Lyft’s efforts with respect to policymaking. Such statements, which are not of historical fact, involve estimates, assumptions, judgments and uncertainties. There are a number of factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking statements. Such factors are detailed in Lyft’s filings with the Securities and Exchange Commission. We do not undertake an obligation to update our forward-looking statements to reflect future events, except as required by applicable law.