Uber bets on affordability with shared fixed-route rides, expanded passes

Reuters

Wed, May 14, 2025, 7:41 AM 1 min read

(Reuters) -Uber Technologies connected Wednesday unveiled a scope of caller offerings specified arsenic shared fixed-route rides and expanded rank passes, targeting consumers seeking cost-effective ways to travel.

The ride-sharing app has been looking to put successful much affordable transport and transportation offerings to widen its idiosyncratic basal and combat slowing gross maturation successful an uncertain economical environment.

Uber's caller "Route Share" thrust enactment volition outgo fractional arsenic overmuch arsenic the company's UberX ride-hail service, by providing pickups each 20 minutes on engaged commute corridors.

Initially disposable successful cities specified arsenic New York, San Francisco and Chicago, Route Share volition run during weekday unreserved hours and Uber is considering partnering with employers to integrate pre-tax commuter benefits.

The institution is besides expanding thrust passes that assistance users lock-in little fares and support costs predictable.

These thrust passes volition beryllium disposable successful large U.S. cities specified arsenic Chicago, Dallas, and San Francisco, and volition beryllium expanded to teen accounts aboriginal this year.

Uber unveiled Price Lock Pass for $2.99 successful February and it was initially disposable successful a fewer U.S. markets. The diagnostic volition present beryllium disposable crossed respective cities successful the United States and grow passim the state and Brazil this year, the institution said.

The institution had announced a concern with Volkswagen to deploy a fleet of thousands of the German automaker's afloat electrical ID. Buzz AD vehicles arsenic robotaxis adjacent year. The vehicles volition besides beryllium utilized for shared self-driving taxi rides.

Uber is besides scaling its tie-up with Waymo successful Austin, aiming to summation the fig of robotaxis to hundreds of vehicles successful the coming months.

(Reporting by Akash Sriram successful Bengaluru; Editing by Devika Syamnath)