Uber Partners With BYD to Put Its Drivers Into 100,000 EVs (1)

Uber Technologies Inc. will team up with BYD Co. to put 100,000 electric vehicles onto the ride-hailing company’s platform, in a major deal between American and Chinese businesses that notably excludes the US.

Under the multiyear partnership, the two companies will offer drivers lower vehicle pricing and financing. The tie-up will start in Europe and Latin America, then expand to the Middle East, Canada, Australia and New Zealand, Uber and BYD said Wednesday in a statement.

The alliance bolsters Uber’s efforts to transition the fleet of vehicles on its ride service to EVs — an initiative Chief Executive Officer ...