Energy & Technology

99, Brazil’s ride-hailing app, sets ambitious goal to double its fleet of electric cars within a year

ride-hailing app

Brazilian ride-hailing app, 99, has set an ambitious target to double the number of electric cars in its fleet within the next 12 months. The company aims to reach a total of 1,000 electric vehicles servicing its passengers in Brazil. This announcement came on the occasion of the one-year anniversary of the Alliance for Sustainable Mobility, a group of 11 companies led by 99, including Banco BV, BYD, Caoa Chery, Movida, and Raizen.

According to Thiago Hipolito, the director for innovation at 99, the first year of the partnership closed with 485 electric vehicles running through its platform. 99, which is Uber’s biggest competitor in Brazil and controlled by DiDi, the Chinese ride-hailing company, aims to have 10,000 electric cars on its platform by 2025 and a fully electric fleet by 2030. The ride-hailing app currently has 750,000 monthly active drivers.

At present, the electric vehicles that run on 99’s application operate exclusively in Brazil’s financial capital, Sao Paulo. The goal is to expand to other cities in Brazil in the coming years.

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As part of the Alliance for Sustainable Mobility, the companies invested 35 million reais ($7.06 million) in “sustainable mobility” initiatives in the first year of the project, according to 99. However, the company has not provided a forecast for the amount to be invested in the second year.

The initiative seeks to increase the use of electric vehicles in Brazil and reduce carbon emissions. The electric cars in the 99 fleet use clean energy and have zero emissions, making them more environmentally friendly than traditional petrol or diesel-fueled cars.

In conclusion, 99’s goal to double the number of electric cars in its fleet is a significant milestone towards sustainable mobility in Brazil. By increasing the number of electric vehicles, 99 aims to reduce its carbon footprint and contribute to a greener future for the country. Through this initiative, the ride-hailing app and the Alliance for Sustainable Mobility aim to set an example for other companies to follow and promote a more sustainable transportation system in Brazil.

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