Uber and Rivian Partner on $1.25B Robotaxi Fleet
Uber is investing up to $1.25 billion in Rivian Automotive to launch a robotaxi fleet across the US, Canada, and Europe over the next five years. The ride-hailing company will begin with an initial $300 million investment. Rivian will provide up to 50,000 autonomous R2 SUVs for the robotaxi service. Deployments are planned to start in San Francisco and Miami in 2028, with expansion to 25 cities by 2031. This partnership utilizes Rivian’s in-house chip and autonomous technology as a robotaxi platform. Uber has been actively pursuing robotaxi deals, but this collaboration is described as structurally different from previous agreements.
Uber is betting $1.25 billion on Rivian to build a fleet of 50,000 robotaxis
Uber to invest up to $1.25B in Rivian to help launch robotaxis
Uber and Rivian strike $1.25bn robotaxi deal
Uber to invest up to $1.25 billion in Rivian as part of robotaxi deal
Uber to Invest Up to $1.25 Billion in Rivian Robotaxis
Uber taps Rivian to build robotaxis in deal worth up to $1.25B
Uber to Invest Up to $1.25 Billion in Rivian in Robotaxi Bet