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Uber to invest $100m in autonomous vehicle charging stations

Uber Technologies announced on Wednesday that it will invest more than $100 million in autonomous car charging centers, marking the company's latest push to extend its self-driving operations.

The effort will include placing DC fast-charging stations at autonomous depots utilised for daily fleet management, as well as strategic pit breaks in key locations.

As it battles for market share with rivals such as Tesla, the US tech giant has made autonomous vehicles a core strategic objective, partnering with more than 20 companies worldwide on self-driving freight, delivery, and ride-hailing services.

The charging network will be launched in the United States, beginning with the Bay Area, Los Angeles, and Dallas, and then expanding to more locations over time.

Uber Technologies is also collaborating with charging network operators in worldwide markets to build "utilisation guarantee agreements," including collaborations with EVgo in New York, Los Angeles, San Francisco, and Boston; Electra in Paris and Madrid; and IONITY and Hubber in London.

The agreements are likely to facilitate the installation of hundreds of new chargers around these cities, particularly in places where charging demand is highest.

The company presently provides robotaxi services through its platform in four US locations, as well as Dubai, Abu Dhabi, and Riyadh.

Uber has worked with autonomous driving companies like as Waymo (owned by Alphabet) and WeRide to support its self-driving fleet operations.

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