The companies said the vehicles, based on Rivian’s upcoming R2 model, are expected to begin operating in San Francisco and ...
Uber will invest up to $1.25 in Rivian. The investment is part of a partnership between the two brands: Rivian will help Uber deploy up to 50,000 robotaxis across a handful of countries through 2031.
Uber Technologies said it would buy vehicles made by Rivian to be used as self-driving taxis and invest at least $300 million in the company, as it moves to strengthen its foothold in the nascent ...
The electric automaker Rivian said Thursday that it signed a new partnership with Uber that would put up to 50,000 Rivian ...
Shares of Rivian Automotive (RIVN +3.80%) jumped about 10% in premarket trading on Thursday following news of a massive cash injection from ride-hailing giant Uber Technologies (U ...
Uber Technologies Inc. plans to invest as much as $1.25 billion in carmaker Rivian Automotive Inc. to help launch a robotaxi ...
The two companies are planning a robotaxi rollout across 25 cities, using fully autonomous versions of its new crossover.
The ride-hailing company will initially purchase 10,000 electric SUVs, with the option to buy 40,000 more in 2030 if certain ...
The two companies have a plan to deploy thousands of unsupervised robotaxis across 25 cities in the US, Canada and Europe by the end of 2031.
After studying the competition for years via partnerships, Uber is apparently ready to take on more risk again.
By Abhirup Roy and Akash Sriram SAN FRANCISCO, March 19 (Reuters) - Uber will invest up to $1.25 billion in electric vehicle ...
Uber is investing $1.25 billion in Rivian to build 10,000 robotaxis using the Irving, Calif.-carmaker's $45,000 electric SUV, ...