This latest deployment is part of Lyft's transition to a fully electric fleet. - Photo via Lyft.

This latest deployment is part of Lyft's transition to a fully electric fleet.

Photo via Lyft.

Lyft's Denver Express Drive rental program is adding 200 long-range electric vehicles (EVs) to its fleet, according to a company blog post

"The largest barrier preventing drivers on our platform from adopting EVs today is vehicle cost," Lyft officials said. "While there are federal and local programs to encourage consumer EV sales, many drivers do not have access to financing required to purchase or lease a new car."

The ride-hailing company said that on average, its drivers can save an average of $70 to $100 a week on fuel with long-range EVs.

This latest deployment is part of Lyft's transition to a fully electric fleet.

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