Uber plans to invest up to $1.25 billion in Rivian for robotaxi fleet

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Uber and Rivian Partner to Deploy up to 50,000 Fully Autonomous Robotaxis

March 19, 2026 8:00 AM EDT

Uber to invest up to $1.25 billion in Rivian through 2031, subject to the achievement of autonomous performance milestones Uber, or its fleet partners, expected to purchase 10,000 fully autonomous R2 robotaxis with the option to purchase up to 40,000 more in 2030 Initial commercial deployments planned for San Francisco and Miami in 2028, scaling to 25 cities through 2031

SAN FRANCISCO & IRVINE, Calif.--(BUSINESS WIRE)-- Rivian Automotive, Inc. (NASDAQ: RIVN) and Uber Technologies, Inc. (NYSE: UBER) today announced a partnership to help accelerate both companies autonomous... More