Uber to invest up to $1.25 billion in EV maker Rivian in deal to launch 50,000 robotaxis

Uber and Rivian Team Up to Deploy 50,000 Robotaxis

Uber has agreed to invest $1.25 billion in Rivian through 2031.

Uber investing in Illinois EV maker Rivian for robotaxi launch

Uber is investing in the electric vehicle maker Rivian for a robotaxi launch, according to a Thursday press release.

Uber to invest up to $1.25 billion in Rivian in robotaxi bet

Uber Technologies Inc. plans to invest as much as $1.25 billion in carmaker Rivian Automotive Inc. to help launch a robotaxi fleet that will be available...

Uber to invest over 1 billion dollars in Rivian to deploy tens of thousands of R2 robotaxis

Uber announced a new partnership with Rivian, in which it will invest over one billion dollars to deploy up to 50,000 all-electric robotaxis.

Uber Fires Up Rivian's Robotaxi Drive With $1.25 Billion Deal - Rivian Automotive (NASDAQ:RIVN), Uber Technologies (NYSE:UBER)

Rivian gained premarket attention after Uber's planned $1.25 billion investment reinforced the EV maker's autonomy push and provided meaningful strategic backing relative to its revenue base and debt load. Importance Rank:  1

Rivian Needed a Win. Uber Just Promised Up to $1.25 Billion and 50,000 R2 Orders

The idea of R2 robotaxis might seem strange, until you consider how serious Rivian is about autonomous driving.