Rivian founder and CEO RJ Scaringe discusses the impact of import tariffs on The Claman Countdown.
Rivaans and Uber announced Thursday a partnership worth up to $1.25 billion to accelerate the two companies’ plans for autonomous vehicles and deploy up to 50,000 fully autonomous robotic axes in the coming years.
Under the agreement, Uber will invest up to $1.25 billion in Rivian through 2031, subject to achieving autonomous performance milestones by specific dates.
Following the signing of the agreement, the two companies agreed to an initial investment of $300 million, subject to regulatory approval.
Uber plans to purchase 10,000 fully autonomous vehicles, directly or through its fleet partners Rivian R2 robotaxis and the taxi service company will have the option to purchase another 40,000 by 2030. Rivian’s autonomous fleet of R2 robotaxis will be available exclusively through the Uber platform.
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The partnership between Uber and Rivian will focus on the deployment of up to 50,000 autonomous Rivian R2 robotaxis. (Rivian)
The companies plan to begin initial deployments of the robotaxis San Francisco and Miami in 2028, before expanding to more than twenty cities in 2031.
If all autonomous performance milestones are met, Rivian and Uber will have deployed thousands unattended robotaxis by the end of 2031 in 25 cities in the US, Canada and Europe.
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The Rivian R2 on display at the 2025 Los Angeles Auto Show. (Josh Lefkowitz/Getty Images)
“We couldn’t be more excited about this partnership with Uber – it will help accelerate our path to Level 4 autonomy to create one of the safest and most convenient autonomous platforms in the world,” said Rivian founder and CEO RJ Scaringe.
Scaringe added that Rivian’s “growing data flywheel combined with RAP1, our state-of-the-art in-house inference platform, and our multi-modal perception platform make us incredibly excited for the rapid advancement of Rivian autonomy in the coming years.”
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The interior of the Rivian R2 will be on display at the 2025 Los Angeles Auto Show. (Josh Lefkowitz/Getty Images)
Uber CEO Dara Khosrowshahi said the company “strongly supports Rivian’s approach – co-designing the vehicle, computing platform and software stacks, while maintaining end-to-end control of the scaled systems.” production and supply in the US”
“That vertical integration, combined with data from their growing customer base and experience managing the complexities of commercial fleets, gives us the conviction to set these ambitious but achievable goals,” Khosrowshahi added.
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Shares of Rivian rose 3.8% on Thursday, while shares of Uber fell 1.72% during the day’s trading session.
