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Uber Invests $1.25B in Rivian for Robotaxis

Published 1 week, 1 day ago
Description

Uber and Rivian Automotive are teaming up for a significant investment in robotaxis, with Uber planning to buy up to fifty thousand Rivian R2 vehicles. The deal, worth up to $1.25 billion, will initially launch in San Francisco and Miami, expanding to twenty-five cities by 2031. Rivians in-house capabilities in design, software, and manufacturing are key factors in this partnership.

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