Uber Technologies will invest up to $1.25 billion in electric vehicle maker Rivian Automotive as part of a long-term plan to deploy as many as 50,000 robotaxis by 2031, according to a joint company release.
The report said Uber or its partners plan to initially purchase 10,000 autonomous versions of Rivian’s upcoming R2 vehicle, with an option to scale up to 40,000 more.
Uber taps Rivian to build robotaxis in deal worth up to $1.25B https://t.co/XckxoOhVQR
— TechCrunch (@TechCrunch) March 19, 2026
An initial $300 million investment is expected soon, pending regulatory approval, with further funding tied to milestones.
The companies said the robotaxis will operate exclusively on Uber’s platform across 25 cities in the U.S., Canada, and Europe, starting with San Francisco and Miami in 2028.
According to the companies, the deal reflects renewed momentum in the autonomous vehicle sector, despite past setbacks. Rivian leadership pointed to advances in artificial intelligence and chip technology as key drivers. The move also expands Uber’s growing network of partnerships in the robotaxi space.
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