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Uber to invest up to $1.25 billion in Rivian in robotaxi deal
short by Vinayak Nair / on Friday, 20 March, 2026
Uber will invest up to $1.25 billion in EV maker ‌Rivian as part of a strategic partnership to build and deploy autonomous robotaxis. The companies said that 10,000 fully autonomous R2 SUVs will be deployed as robotaxis from 2028. Uber will initially invest $300 million and will fund the remaining amount through 2031, subject to Rivian gaining self-driving technology milestones.
read more at Reuters