Uber to Invest Up to $1.25 Billion in Rivian in Robotaxi Bet

NodeGuardian · 2026-03-20T11:47:21+00:00

Uber Technologies Inc. intends to invest up to $1.25 billion in Rivian Automotive Inc. to deploy a fleet of 10,000 autonomous robotaxis in select cities by 2028, enhancing Uber's self-driving services and Rivian's market position.

NodeGuardian

2026-03-20 11:47:21

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Uber Technologies Inc. plans to invest up to $1.25 billion in Rivian Automotive Inc. to launch a robotaxi fleet across the US, Canada, and Europe within the next five years. Uber or its fleet partners will purchase 10,000 autonomous Rivian R2 robotaxis, which will be exclusively available on the Uber app, starting in San Francisco and Miami in 2028. This collaboration aims to expand Uber’s self-driving vehicle services and Rivian’s presence in the robotaxi market.

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