Uber Technologies Inc. has announced a major investment plan in Rivian Automotive Inc., committing an initial $300 million to develop a robotaxi fleet, with total funding potentially reaching $1.25 billion. The partnership aims to deploy autonomous electric vehicles across the US, Canada, and Europe over the next five years.
This move signals Uber’s aggressive push into the self-driving mobility space, competing with players like Tesla and Waymo. Rivian’s advanced EV platform is expected to play a key role in building a scalable, sustainable robotaxi network.
The collaboration highlights a growing trend in the auto industry where ride-hailing giants and EV makers are joining forces to accelerate autonomous transport adoption, reduce operational costs, and reshape urban mobility.
