Uber to spend $100 million on robotaxi charging stations in Los Angeles, Bay Area and Dallas [Los Angeles Times (CA)]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: Los Angeles Times
The company said in a statement on Wednesday that it will focus on building the new high-capacity charging hubs starting in the San Francisco Bay Area, Los Angeles and Dallas — markets where it also plans to launch public robotaxi services with technology partners to compete with Alphabet Inc.'s Waymo. The amount will cover site development costs, equipment, grid connection and associated capital expenditure for developing the charging infrastructure, a spokesperson said. Owning some chargers “improves efficiency, lowers costs and keeps vehicles on the road longer, maximizing utilization and uptime,” Uber said in the statement. The rideshare giant is battling Wall Street skeptics who have doubts about the future of its human-driven ride-hailing platform as autonomous vehicles become more commonplace. It is spending on a growing number of items to establish itself as the leading robotaxi provider and operations partner for companies that develop the self-driving technology. San
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UBER
News
- Uber Has Big Plans for Lots More Robotaxis and EV Charging Stations [CNET News]CNET News
- Uber bets big on EV charging for both its drivers and future robotaxis [Yahoo! Finance Canada]Yahoo! Finance Canada
- Uber Technologies (NYSE:UBER) had its "buy" rating reaffirmed by analysts at Guggenheim.MarketBeat
- Uber to invest over US$100 million in autonomous vehicle charging amid robotaxi push [BNN Bloomberg (Canada)]BNN Bloomberg
- Uber to invest over $100 million in autonomous vehicle charging amid robotaxi push [Yahoo! Finance Canada]Yahoo! Finance Canada
UBER
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- 2/4/26 - Miss
UBER
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- 2/17/26 - Form 3/A
- 2/13/26 - Form 13F-HR
- 2/13/26 - Form S-3ASR
- UBER's page on the SEC website