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Stock impact report

Uber bets big on EV charging for both its drivers and future robotaxis [Yahoo! Finance Canada]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
First, Uber said it would offer incentives to firms like EVgo to install EV chargers in the US and Europe, guaranteeing that chargers installed in neighborhoods where its drivers live or frequently pick up and drop off passengers would be used for a minimum amount of time. Those usage guarantees give charging operators greater confidence that new stations will be profitable by providing a floor of minimum revenue, thus lowering the risk of building in areas not currently served. Uber has vast data on where its drivers live and where its high-usage pick-ups are located (for instance, near airports) to help optimize where new chargers will be built. Many Uber drivers in urban settings don't have chargers at home and must use public charging in nearly all situations. Companies like EVgo note that a higher percentage of its users are Uber and for-hire drivers with EVs. Uber Technologies, Inc. (UBER) Alongside those financial guarantees, Uber is also taking a different approach to Show less Read more
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