Uber partners with Rivian on robotaxis in deal up to $1.25B

Uber will invest $300M in Rivian and plans to buy 10,000 autonomous R2 SUVs for a 2028 rollout in San Francisco and Miami. The deal could reach $1.25B, with an option for 40,000 more vehicles from 2030. The fleet will run exclusively on Uber’s network.

Rivian will build the robotaxis on its upcoming R2 platform. The company is developing an AI-based autonomy system that learns from fleet data and aims to reach hands-off driving, with future upgrades targeting full autonomy.

The plan spans 25 cities across the U.S., Canada, and Europe by 2031. The challenge is execution: R2 production has not started, the Georgia factory is still under construction, and full autonomy is not yet deployed.

@venture