US drivers turn to EV rentals as gasoline prices surge [Yahoo! Finance]
Lyft, Inc. - Class A (LYFT)
Last lyft, inc. - class a earnings: 2/11 04:05 pm
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Source: Yahoo! Finance
companies as customers become wary of paying more at the pump due ?to the conflict in the Middle East. At Hertz, which rents cars to Uber and Lyft drivers on a ?longer-term basis than traditional rentals, requests for EV reservations increased nearly 25% in March compared with February. The strongest uptick in demand for EV rentals ?has occurred on the West Coast, where gas prices tend to run highest, according to Doria Holbrook, executive vice president of Hertz's mobility division. At Turo, a peer-to-peer car-rental service similar to property-rental site Airbnb, EV bookings increased by 11% in the last three weeks of March compared with the prior three-week period. On March 31, the day U.S. gas prices eclipsed $4 per gallon for the ?first time since 2022, EV bookings on ?Turo were 47% higher than on the same day in 2025, the company said. The Iran war has resulted in disruptions in the Strait of Hormuz along the Iranian coast, which is the ?passage for about 20% of the world'
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- Lyft Expands in London with Gett UK Acquisition [Yahoo! Finance]Yahoo! Finance
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- Lyft acquires Gett's UK business, adding London black cabs to portfolio [Seeking Alpha]Seeking Alpha
- US drivers turn to EV rentals as gasoline prices surge [Yahoo! Finance Canada]Yahoo! Finance Canada
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