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1d ago

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

CNBC TechnologyMar 19, 2026
AI Summary

Uber is set to invest up to $1.25 billion in electric vehicle manufacturer Rivian to facilitate the launch of 50,000 robotaxis by 2031 across multiple countries. This partnership highlights Uber's commitment to expanding its autonomous vehicle fleet and advancing sustainable transportation solutions.

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

Uber plans to invest up to $1.25 billion in Rivian as part of a deal to deploy up to 50,000 robotaxis in several countries through 2031.

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