Uber to invest up to 1.25bn dollars in Rivian to help launch robotaxis

Uber’s investment in Rivian will be spread out up to 2031 (PA)

Uber says it will invest up to 1.25 billion US dollars (£750 million) in Rivian Automotive to help launch up to 50,000 robotaxis.

Uber, or its fleet partners, are expected to buy 10,000 fully autonomous Rivian R2 robotaxis, with the option to purchase up to 40,000 more in 2030.