Uber plans to invest up to $1.25 billion in Rivian as part of a deal to deploy up to 50,000 robotaxis through 2031, the companies announced Thursday.

Uber is expected to invest an initial $300 million in Rivian after the deal’s signing, subject to regulatory approval.

It follows a resurgence of announcements about autonomous vehicles and robotaxis, as companies try to capitalize on what investors have forecast as a multitrillion-dollar market.

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https://www.cnbc.com/2026/03/19/uber-rivian-robotaxi.html

>Uber plans to invest up to $1.25 billion in Rivian as part of a deal to deploy up to 50,000 robotaxis through 2031, the companies announced Thursday.

>Uber is expected to invest an initial $300 million in Rivian after the deal’s signing, subject to regulatory approval.

>It follows a resurgence of announcements about autonomous vehicles and robotaxis, as companies try to capitalize on what investors have forecast as a multitrillion-dollar market.