Uber taps Rivian to build robotaxis in deal worth up to $1.25B

Rivian said on Thursday that it is partnering with Uber to build thousands of robotaxis based on its upcoming R2 SUV. The deal could be worth up to $1.25 billion for the EV maker. 

Uber is kicking off the partnership with an initial $300 million investment in Rivian, and is “expected to purchase 10,000 fully autonomous R2 robotaxis” ahead of a planned rollout in San Francisco and Miami in 2028.