Uber commits up to $1.25bn to Rivian in major Robotaxi push
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Uber commits up to $1.25bn to Rivian in major Robotaxi push
"Uber's partnership with Rivian will see the purchase of at least 10,000 autonomous R2 vehicles, exclusively deployed through the Uber platform, with services expected to launch in 2028."
"The deal represents one of Uber's most significant moves in the autonomous transport sector, aiming to position itself as the primary commercial gateway for robotaxi services."
"Uber's strategy focuses on controlling the customer interface while outsourcing the complex elements of autonomy to specialist partners, having aligned with over 20 self-driving firms."
"If milestones are met, Uber and Rivian expect to deploy thousands of fully driverless vehicles across more than 25 cities globally by the end of the decade."
Uber is investing up to $1.25 billion in Rivian to develop a global robotaxi network. The initial commitment is $300 million, with further investment contingent on Rivian's performance. Uber will purchase at least 10,000 autonomous Rivian R2 vehicles for its platform, launching services in San Francisco and Miami by 2028. The partnership reflects Uber's shift to a model that relies on collaborations with autonomous vehicle developers, having sold its self-driving division in 2020. The goal is to deploy thousands of driverless vehicles in over 25 cities by 2030.
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