The electrification of cars on the road is sweeping the auto industry as pressure mounts to reverse the impact of climate change and now the Big Apple is getting in on the action.
New York City is proposing requirements for ridesharing services like Uber and Lyft to have 100 percent electric vehicle fleets by the year 2030. Mayor Eric Adams made the announcement and expects the NYC Taxi and Limousine Commission to oversee the regulatory changes.
The move garnered some initial support from executives at both Uber and Lyft.
"We are excited to partner with New York City on our journey," Paul Augustine, director of sustainability at Lyft, said in a statement. "New York's commitment will accelerate an equitable city-wide transition to electric, and we're eager to collaborate with TLC on an ambitious plan for rideshare clean mile standard."
The announcement already aligns with Lyft's intentions for electrification. In 2020, the service shared plans to have a fully electric fleet — in more places than New York City — by 2030.
Two years ago Uber announced plans to electrify its entire global fleet by 2040 and by 2030 in the U.S., Canada and Europe.
"We applaud the Mayor's ambition for reducing emissions, an important goal we share," Josh Gold, senior director of policy at Uber, said in a statement. "Uber has been making real progress to become the first zero-emissions mobility platform in North America, and there's much more to do."
As both Lyft and Uber operate through independent contractors, the difficulty of getting drivers to switch to electric would be addressed with incentives such as bonuses offered by the companies and infrastructure investments by the city.
President Donald Trump says he will allow Nvidia to sell its H200 computer chip used in the development of artificial intelligence to “approved customers” in China. Trump said Monday on his social media site that he had informed China’s leader Xi Jinping and “President Xi responded positively!” There had been concerns about allowing advanced computer chips into China as it could help them to compete against the U.S. in building out AI capabilities. But there has also been a desire to develop the AI ecosystem with American companies such as chipmaker Nvidia.
The end of 2025 is almost upon us. And it’s time to unpack Spotify Wrapped. On Wednesday, the music streaming giant delivered its annual recap — giving its hundreds of millions of users worldwide a look at the top songs, artists, podcasts and other audio they listened to over the past year. Spotify isn’t the only platform to roll out a yearly glimpse of data collected from consumers’ online lives. But since its launch about a decade ago, Wrapped has become one of the most anticipated. And Spotify is billing the 2025 edition to be the biggest yet, with a host of new features it hopes may also address some disappointments users had last year.
Elon Musk’s X unveiled a feature that lets users see where an account is based. Online sleuths and experts quickly found that many popular accounts, often posting in support of the U.S. MAGA movement with thousands or hundreds of thousands of followers, are based outside the U.S. This raises concerns about foreign influence in U.S. politics.
The Enhanced Games is going public in two ways — with a new listing on the Nadsaq stock exchange and also by offering a direct-to-consumer business focused on performance products.
Real estate software company RealPage has agreed to stop sharing nonpublic information between landlords as part of a settlement with the Department of Justice.
2025’s top Black Friday tech deals from smart speakers to wearables. Tom’s Guide editor Kate Kozuch shares expert picks and tips for smart holiday shopping.
Computer chipmaker Nvidia is poised to release a quarterly earnings report that is expected to either deepen a recent downturn in the stock market or prompt an ebullient sigh of relief among investors increasingly worried the world’s most valuable company is perched upon an artificial intelligence bubble about to burst.
