Is Uber's Mega Deal With Rivian a Game-Changer in the Robotaxi Space?

Key Takeaways Uber plans to invest up to $1.25B in Rivian to deploy 10,000 autonomous R2 robotaxis. Rollout begins in 2028 in two cities, with expansion to 25 cities by 2031. Uber is partnering widely, including with Zoox, to scale robotaxis without heavy R&D costs. Uber Technologies’ (UBER) aggressive push into robotaxis is not just a buzzword, but may act as a significant growth catalyst. In its latest move on robotaxis, San Francisco-based Uber has decided to invest over a billion dollars in Rivian Autom ...