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Uber’s annual product event will focus on travel and sustainability

Uber will hold its annual product event on May 16, where the company will showcase new products, updates and features focused on travel and sustainability.

This will be Uber’s second product event, after last year’s “Go/Get 2021” rally featured a host of pandemic-themed announcements, including the ability to book an appointment for a vaccine in the Uber app. Other features included car rentals, 30-day windows for travel reservations, and hop-on hop-off trips.

“We are excited to showcase our latest innovations at Go/Get 2022,” Uber chief product officer Sundeep Jain said in a statement. “As the world continues to change, the Uber team continues to create products to meet the changing needs of consumers. We can’t wait to share what’s next.

This year’s event will focus on travel (airport trips are Uber’s bread and butter) and sustainability. Last year, Uber acquired 50,000 Tesla vehicles to rent to its drivers as part of an ambitious plan to electrify its fleet in the United States by 2030.

The product event comes as automakers and transportation providers around the world are under regulatory pressure to phase out gas-powered vehicles in favor of zero-emissions ones. California, the largest car market in the United States, has implemented rules for ride-sharing companies like Uber and Lyft, requiring 90% of their fleets to be electric by 2030.

Delivery is also likely to feature prominently in ads. While Uber’s ride-sharing business has struggled to recover from the 2020 pandemic shutdowns, Uber Eats has grown rapidly. Food delivery and other bookings in the fourth quarter of 2021 were up 33% year-over-year. Company CEO Dara Khosrowshahi recently told investors that Uber’s delivery business posted its first quarterly profit, including U.S. delivery, and “Uber Eats has become the delivery provider fastest growing in America”.

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