Bolt's move individuates the Estonian firm from ride-hailing rival Uber. Getty
Bolt's move individuates the Estonian firm from ride-hailing rival Uber. Getty
Bolt's move individuates the Estonian firm from ride-hailing rival Uber. Getty
Bolt's move individuates the Estonian firm from ride-hailing rival Uber. Getty

Bolt allows drivers to set prices in three UK cities


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Ride-hailing service Bolt said on Monday it plans to allow drivers to set their own prices and passengers to select their driver, starting with three UK cities, days after rival Uber raised prices by 10 per cent in London.

The changes would give drivers more control of their business and are aimed at addressing national concerns about driver shortages that led to longer wait times, cancellations and surge pricing, Bolt said in a statement.

Ride-hailing customers in several countries have been dealing with cab unavailability during peak hours as people go back to offices following the pandemic, which had forced many drivers to quit because of a lack of customers.

A common criticism is that drivers tend to accept and then reject trips if a more profitable journey becomes available elsewhere.

Estonia-based Bolt and US-based Uber are trying to woo drivers back to their platforms with the promise of more income.

"We hope to reduce waiting times on the Bolt app and have fewer driver cancellations so customers can get to their destination quickly and safely following increased demand in recent weeks," said Sam Raciti, Bolt's regional manager for Western Europe.

Bolt will be testing the new features across three cities in the Midlands region in England this week, ahead of a planned UK- wide rollout before Christmas when 65,000 drivers would be able to set their own prices within a range or continue to use surge pricing.

Uber had also started to allow drivers in California to set their own fares for trips, but removed the feature less than a year later saying more riders declined higher fares and did not re-request a ride on Uber.

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The biog

Born: Kuwait in 1986
Family: She is the youngest of seven siblings
Time in the UAE: 10 years
Hobbies: audiobooks and fitness: she works out every day, enjoying kickboxing and basketball

While you're here
Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants

Updated: November 15, 2021, 1:38 AM