Bolt launches support for TVDE drivers to mitigate fuel costs

Monday, 30 March 2026RSS
Bolt launches support for TVDE drivers to mitigate fuel costs

Bolt has announced an initiative to support TVDE drivers by distributing 400 fuel vouchers, each worth 25 euros, to those who meet specific activity criteria between March 30 and April 5. Drivers who complete over 250 km in trips during the campaign period will receive the vouchers automatically in the Bolt Driver app, with priority given to those with the highest number of trips. Beneficiaries must activate a promotional code in the Ryd partner app to access the balance, which is deducted at the pump. This measure is part of a broader partnership with Ryd offering additional discounts of up to 0.15 euros per litre. Mário de Morais, General Manager of Bolt Portugal, stated that the initiative aims to support drivers amid rising fuel costs. Additionally, Bolt highlighted that 43% of its fleet in Portugal is now electric, helping to reduce exposure to fuel price volatility. This announcement coincides with government measures to mitigate the impact of rising fuel prices, including tax discounts and subsidies for various sectors, effective from April 1 to June 30. Meanwhile, drivers have criticised Uber and Bolt for failing to adjust fares in response to the fuel price hikes.

Context & Explainers

TVDE refers to app‑based private‑hire ride services; the acronym stands for Transporte em Veículos Descaracterizados a partir de Plataforma Eletrónica and covers drivers working for platforms like Uber and Bolt. Drivers are using temporary app shutdowns as a protest over what they say is inadequate regulation and working conditions, so commuters who rely on ride‑hailing during peak hours should expect possible service disruptions next week.

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