Squawk Pod
Squawk Pod Reports from Davos: Uber CEO Dara Khosrowshahi 01/23/25
Jan 23, 2025
Dara Khosrowshahi, CEO of Uber and a leader in tech innovation, discusses the company’s future amid shifting political landscapes. He reveals that Uber plans to thrive without government EV subsidies, emphasizing electric vehicle integration and the imminent arrival of self-driving cars. Khosrowshahi also tackles the ramifications of congestion pricing in New York City and discusses how it will reshape traffic management and user experience in urban areas. His insights paint a picture of Uber's adaptability in a rapidly evolving transportation sector.
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Quick takeaways
- Uber's transition to electric vehicles is accelerating among drivers at a rate five times faster than the general public, driven by profitability.
- Dara Khosrowshahi emphasizes the importance of engaging with political administrations to navigate challenges and support economic growth in the EV market.
Deep dives
The Future of Electric Vehicles at Uber
Uber's approach to electric vehicles (EVs) emphasizes that they are not reliant on government subsidies for success. According to the CEO, Dara Khosrowshahi, the adoption of EVs among Uber drivers is accelerating, with drivers transitioning to electric cars at a rate five times faster than the general public. This shift is driven not just by environmental considerations, but also by the profitability that EVs bring for drivers on the platform. Even with potential challenges from new government decisions regarding EV mandates, Khosrowshahi asserts that the fundamental market demand for EVs remains strong and that the company will continue to prioritize their integration into their fleet.
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