Uber to invest $1.25 billion in Rivian for robotaxi rollout
Mar 19th 2026
Uber will invest $1.25 billion in Rivian, starting with $300 million, to help deploy Rivian R2 autonomous robotaxis with an initial 10,000-car rollout in 2028 and an option to expand up to 50,000 vehicles pending milestones and approvals.
- Uber will invest $1.25 billion in Rivian through 2031, with an initial $300 million at signing and the deal subject to regulatory approval and autonomy milestones.
- The partnership aims to deploy 10,000 Rivian R2 robotaxis starting in San Francisco and Miami in 2028 and expand to 25 additional cities by 2031.
- The companies may scale to a total of 50,000 autonomous vehicles by adding up to 40,000 more starting in 2030 if milestones are met.
- Rivian has not yet publicly demonstrated full Level 4 autonomy and plans to add lidar to the R2 in 2026 while designing custom AI chips.
- Rivian expects to launch the R2 later this year and faces heavy production costs while holding about $6 billion in cash earlier this year.
- Uber is pursuing a broad robotaxi strategy through multiple partnerships and will list Rivian robotaxis exclusively on its app
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- Rivian sacrifices 2027 profit goal to push deeper into autonomy techcrunch.com
- Uber and Rivian Team Up to Deploy 50,000 Robotaxis gizmodo.com
- Rivian will provide 50,000 robotaxis to Uber in a deal worth $1.25 billion www.engadget.com
- Uber to roll out 50,000 Rivian robotaxis in Europe and North America www.euronews.com
- Uber will operate its own robotaxis again—this time with Rivian’s not‑yet‑built EVs fortune.com