Uber Putting $100 Million into EV Charging for Robotaxis

Uber plans to invest $100 million in EV charging infrastructure to support current and future robotaxi fleets in cities like Los Angeles, the Bay Area, and Dallas, "eventually partner[ing] with multiple robotaxi companies on actual robotaxi deployment -- WeRide, Waabi, Lucid, Nuro, May Mobility, Momenta, and Waymo of course," reports CleanTechnica. From the report: "Cities can only unlock the full promise of autonomy and electrification if the right charging infrastructure is built for scale. That infrastructure needs to work for today's drivers and the fleets of the future," said Uber's global head of mobility, Pradeep Parameswaran. In addition to building some infrastructure itself, the company is making "utilization guarantee agreements" with EVgo for various major US cities as well as Electra, Hubber, and Ionity in Europe.

On Uber's latest shareholder call, CEO Dara Khosrowshahi said that the company would make "targeted growth-oriented investments aligned with the 6 strategic areas of focus." That includes self-driving vehicles/robotaxis. "With the benefit of learning from multiple AV deployments around the world, we're more convinced than ever that AVs will unlock a multitrillion-dollar opportunity for Uber. AVs amplify the fundamental strengths of our platform, global scale, deep demand density, sophisticated marketplace technology, and decades of on-the-ground experience matching riders, drivers, and vehicles, all in real time," Khosrowshahi added.

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