Uber Invests $1.25B in Rivian for 50K Robotaxis
Irvine News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Uber and Rivian Automotive are collaborating on a massive project to deploy 50,000 self-driving robotaxis, with Uber committing up to $1.25 billion. The deal includes an initial order of 10,000 Rivian R2 vehicles, with options for 40,000 more by 2030. The first launches are scheduled for San Francisco and Miami in 2028, expanding to 25 cities across North America and Europe by 2031. Uber CEO Dara Khosrowshahi expressed confidence in Rivians capabilities, and the news boosted Rivians stock by 10% in premarket trading.
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