(Reuters) -Uber Technologies said on Wednesday it is rebranding its “Uber Green” service as “Uber Electric” and launching a $4,000 grant program for drivers, as part of the ride-hailing giant’s push toward zero-emission rides by 2040.

The new grants, branded “Go Electric,” will provide eligible drivers $4,000 to buy new or used EVs in states including California, New York, Colorado and Massachusetts.

The program could be crucial to meet Uber’s climate targets and competitiveness in the green mobility race as it can be combined with other discounts and state-level incentives — potentially slashing thousands more off sticker prices even as a federal tax incentive ends.

A $7,500 federal tax credit for new electric vehicle purchases, introduced during President Joe Biden’s term, expired las

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