Analysis: Uber taps Rivian to build robotaxis in deal worth up to $1.25B

Uber is kicking off the partnership with an initial $300 million investment, while Rivian will provide as many as 50,000 autonomous R2 SUVs. Rivian said on Thursday that it is partnering with Uber to build thousands of robotaxis based on its upcoming R2 SUV. The deal could be worth up to $1.25 billion for the EV maker. Uber is kicking off the partnership with an initial $300 million investment in Rivian, and is “expected to purchase 10,000 fully autonomous R2 robotaxis” ahead of a planned rollo…

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