Uber to Invest Up to $1.25B in Rivian for Robotaxi Launch

The companies plan to deploy up to 50,000 autonomous vehicles in 25 cities by 2031.

Mar. 19, 2026 at 4:24pm

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Uber has announced it will invest up to $1.25 billion in electric vehicle maker Rivian to help launch a fleet of up to 50,000 robotaxis. The initial deployment is expected to begin in San Francisco and Miami in 2028, with plans to expand to 25 cities in the U.S., Canada, and Europe by 2031.

Why it matters

This partnership represents a major push by Uber into the autonomous vehicle market, leveraging Rivian's expertise in electric vehicle design and manufacturing. It also signals Uber's confidence in the future of self-driving technology and its potential to transform the ridesharing industry.

The details

Under the agreement, Uber or its fleet partners will purchase 10,000 fully autonomous Rivian R2 robotaxis, with an option to buy up to 40,000 more by 2030. Uber CEO Dara Khosrowshahi cited Rivian's vertical integration and experience managing commercial fleets as key factors in the decision.

  • The initial $300 million investment has been committed following the deal's signing, subject to regulatory approval.
  • The initial deployments of the vehicles are expected to begin in San Francisco and Miami in 2028.
  • The companies plan to expand to 25 cities in the U.S., Canada, and Europe by 2031.

The players

Uber

A multinational ride-hailing company that operates in over 10,000 cities worldwide.

Rivian Automotive

An American electric vehicle manufacturer based in Irvine, California, known for its high-end R1T pickup truck and R1S SUV, as well as delivery vans for Amazon and others.

Dara Khosrowshahi

The CEO of Uber, who expressed confidence in Rivian's approach to autonomous vehicle design and manufacturing.

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What they’re saying

“We're big believers in Rivian's approach—designing the vehicle, compute platform, and software stack together, while maintaining end-to-end control of scaled manufacturing and supply in the U.S.”

— Dara Khosrowshahi, CEO, Uber

What’s next

The initial $300 million investment from Uber is subject to regulatory approval, and the companies plan to begin deploying the robotaxis in San Francisco and Miami in 2028, with further expansion to 25 cities by 2031.

The takeaway

This partnership between Uber and Rivian represents a significant step forward in the development and deployment of autonomous vehicles, as the ride-hailing giant looks to leverage Rivian's expertise to transform its business model and stay competitive in the rapidly evolving transportation landscape.