Uber Technologies Inc wants to expand its zero emissions pledge to food-delivery and make the business environmentally sustainable, but chief executive officer Dara Khosrowshahi stopped short of committing to do so by a 2030 deadline for its ride-hailing arm.
Khosrowshahi said in an interview that food deliveries Uber makes in Europe are typically carried on scooters and bikes, so it prioritized cars for its green ambitions.
“We wanted to start with our mainline mobility business, and then based on our learnings there, we will absolutely apply them to delivery as well,” Khosrowshahi said. “I don’t know if it’ll be included in the 2030 target, but we’re absolutely going to look to drive delivery to be fully green as well.”
Ahead the UN’s COP26 climate change summit, several transportation-focused technology firms have called for sped-up sustainability targets and expanded urban mobility options.
In a manifesto organized by European city network Polis and backed by Uber, e-scooter operator Lime, air-taxi company Lilium GmbH and several others, they called for Europe to bring forward zero emissions targets for mobility to 2035.
The EU has previously said it aims to be carbon neutral by 2050.
William Todts, executive director of Transport and Environment, an advocacy group, said the manifesto reflects a “good level of ambition,” but added that he thought transportation inside major cities should be emissions-free by 2025, and that regulators should impose rules mandating food delivery be emissions free.
“If you create new economic activity you shouldn’t be adding more pollution at this stage,” he said.
In their manifesto, the companies said cities should prioritize public transportation, embrace artificial intelligence to reduce crashes and introduce regulation to help deploy self-driving vehicles.
Semiconductor business between Taiwan and the US is a “win-win” model for both sides given the high level of complementarity, the government said yesterday responding to tariff threats from US President Donald Trump. Home to the world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), Taiwan is a key link in the global technology supply chain for companies such as Apple Inc and Nvidia Corp. Trump said on Monday he plans to impose tariffs on imported chips, pharmaceuticals and steel in an effort to get the producers to make them in the US. “Taiwan and the US semiconductor and other technology industries
SMALL AND EFFICIENT: The Chinese AI app’s initial success has spurred worries in the US that its tech giants’ massive AI spending needs re-evaluation, a market strategist said Chinese artificial intelligence (AI) start-up DeepSeek’s (深度求索) eponymous AI assistant rocketed to the top of Apple Inc’s iPhone download charts, stirring doubts in Silicon Valley about the strength of the US’ technological dominance. The app’s underlying AI model is widely seen as competitive with OpenAI and Meta Platforms Inc’s latest. Its claim that it cost much less to train and develop triggered share moves across Asia’s supply chain. Chinese tech firms linked to DeepSeek, such as Iflytek Co (科大訊飛), surged yesterday, while chipmaking tool makers like Advantest Corp slumped on the potential threat to demand for Nvidia Corp’s AI accelerators. US stock
The US Federal Reserve is expected to announce a pause in rate cuts on Wednesday, as policymakers look to continue tackling inflation under close and vocal scrutiny from US President Donald Trump. The Fed cut its key lending rate by a full percentage point in the final four months of last year and indicated it would move more cautiously going forward amid an uptick in inflation away from its long-term target of 2 percent. “I think they will do nothing, and I think they should do nothing,” Federal Reserve Bank of St Louis former president Jim Bullard said. “I think the
‘LASER-FOCUSED’: Trump pledged tariffs on specific sectors, including semiconductors, pharmaceuticals, steel, copper and aluminum, and perhaps even cars US President Donald Trump said he wants to enact across-the-board tariffs that are “much bigger” than 2.5 percent, the latest in a string of signals that he is preparing widespread levies to reshape US supply chains. “I have it in my mind what it’s going to be but I won’t be setting it yet, but it’ll be enough to protect our country,” Trump told reporters on Monday night. Asked about a report that incoming US Secretary of the Treasury Scott Bessent favored starting with a global rate of 2.5 percent, Trump said he did not think Bessent supported that and would not