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MICHELLE CHAPMAN
Thu, March 19, 2026 astatine 7:22 AM CDT 1 min read
Uber says it volition put up to $1.25 cardinal successful Rivian Automotive to assistance motorboat up to 50,000 robotaxis.
Uber, oregon its fleet partners, are expected to bargain 10,000 afloat autonomous Rivian R2 robotaxis, with the enactment to acquisition up to 40,000 much successful 2030.
The companies said Thursday that archetypal deployments of the vehicles are expected to statesman successful San Francisco and Miami successful 2028 and volition grow to 25 cities by 2031.
Uber's concern successful Rivian volition beryllium dispersed retired up to 2031 and is taxable to hitting definite autonomous milestones by circumstantial dates. An archetypal $300 cardinal concern has been committed to pursuing the deal's signing, taxable to regulatory approval.
In premarket trading, shares of Rivian roseate 10%. Uber shares edged up little than 1%.
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