Rivian and Uber have entered into a major partnership, with Rivian set to provide Uber with 50,000 robotaxis in a deal worth $1.25 billion. The collaboration kicks off with Uber purchasing 10,000 Rivian R2 robotaxis to be deployed in San Francisco and Miami by 2028. If successful, Uber plans to acquire an additional 40,000 robotaxis by 2030 and expand the initiative to 25 major cities by 2031. The full investment is subject to achieving autonomous milestones, with Uber already committing $300 million as an initial investment. This partnership has boosted Rivian’s stock and comes amidst Uber’s other robotaxi initiatives.
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