Uber CEO Highlights Decline in Gen Z Driver’s Licenses Amid Rise of Ride-Hailing

Uber CEO Dara Khosrowshahi revealed that his 18-year-old son has not obtained a driver's license, relying instead on Uber's ride-hailing service, highlighting a broader trend among Gen Z. Data from the US Department of Transportation shows a decline in licensed drivers aged 19 or under, dropping from 45% in 2003 to about 33% in 2023, a shift partially attributed to the rise of ride-hailing apps like Uber. Uber has capitalized on this trend by introducing a teen-friendly version of its app and allowing parents to manage rides for their children through Uber One subscriptions. Khosrowshahi emphasized that while car ownership remains a significant milestone, the convenience and cost savings of ride-hailing services are redefining young people's transportation choices. This shift reflects a cultural change where traditional milestones like getting a driver's license are being delayed or reconsidered due to both personal preference and economic factors. Uber's growing gross bookings and strategic focus on younger demographics suggest its ride-hailing services are increasingly seen as viable alternatives to car ownership.