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business1d ago
Rivian, Uber Forge 10-Year AV Alliance; SMB Invests $300M, Up to $950M on Milestones
Tradingview.com and 9 more
- Uber will invest up to $1.25 billion in Rivian through 2031, subject to autonomous milestones being met.
- Initial deployments for the Uber-Rivian robotaxi service are planned in San Francisco and Miami in 2028, expanding to 25 cities by 2031.
- Rivian’s R2 production and the Georgia facility expansion strengthen the hardware backbone for the robotaxi program and data collection.
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