Market Commentary

Uber to Launch AI Assistant Using GPT-4 to Support EV Transition

Namra Pervaiz
10 Oct 2024 · 1 minute read

Uber Technologies Inc (UBER:US) is preparing to launch an AI assistant powered by OpenAI's GPT-4o to help drivers transition to electric vehicles (EVs). This is part of Uber's broader strategy to lower emissions and support sustainability efforts. The ride-hailing company has long advocated for EV adoption, committing $800 million to ensure its drivers make the full switch to EVs by 2040.

The AI assistant, revealed at Uber’s Go-Get Zero event in London, will debut in the U.S. early next year before expanding to additional markets. It will provide personalized recommendations based on drivers' city regulations and available incentives, simplifying the transition process for Uber’s driving partners. Uber also plans to broaden the assistant’s capabilities beyond EV-related queries by 2025.

According to CEO Dara Khosrowshahi, Uber drivers are outpacing the average motorist in EV adoption. "Uber drivers are adopting EVs five times faster than the average motorist in the U.S., Canada, and Europe. In London, nearly 30% of all miles driven on Uber are now electric," he noted.

Uber is also introducing a mentorship initiative where experienced EV drivers will help others transition smoothly. To encourage further participation, Uber is awarding $50,000 to top merchants on its food delivery platform to fund sustainability initiatives, allowing them to reach more eco-conscious customers.

In addition, Uber is organizing pop-up events in key cities like London, Los Angeles, Miami, and Dallas, offering users the opportunity to test EVs like the Lotus Eletre and Rivian.

In a related note, Democratic Representative Ro Khanna purchased shares of Uber valued between $1,000 and $15,000 in September. However, in August, Congressman Michael McCaul, Josh Gottheimer, and Ro Khanna gradually sold off their stakes in the multinational transport company, with each sale ranging between $1,000 and $15,000.