Uber and Rivian have announced a strategic deal that could deploy up to 50,000 robotaxis (fully autonomous vehicles) on the road by 2031.
As part of the partnership, Uber will invest $300 million in Rivian (equivalent to about 19.55 million Rivian shares), with the investment committed immediately upon signing.
RivianWhat will passengers experience on the ground?
In the first phase, Uber or its fleet partners could purchase the first 10,000 fully autonomous Rivian R2 EVs. From 2028, passengers in San Francisco and Miami could be hailing fully driverless Rivian R2s directly through the Uber app.
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Thereafter, Uber will have the option to purchase an additional 40,000 units from the automaker through 2031, to be deployed across 25 cities in the United States, Canada, and Europe. However, the bulk of the investment is tied to Rivian meeting the agreed-upon
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