Rivian sacrifices 2027 profit goal to push deeper into autonomy
Rivian admitted in a regulatory filing that it is delaying its goal of reaching “positive EBITDA” next year because of how much it is spending on developing self-driving technology.
Rivian admitted in a regulatory filing that it is delaying its goal of reaching “positive EBITDA” next year because of how much it is spending on developing self-driving technology.
Uber is kicking off the partnership with an initial $300 million investment, while Rivian will provide as many as 50,000 autonomous R2 SUVs.
He told the Wall Street Journal he thinks autonomous planes will be “10 times harder than Nikola ever was.”
Kalanick’s existing ghost kitchen company CloudKitchens will be rolled into Atoms, which also wants to get into mining and transport.
The launch comes just two years after a major reboot at Hyundai-owned Motional. The service will start with a safety monitor, which Motional hopes to remove by year’s end.
The concept was a highlight of Lucid’s investor day, in which the company detailed its ambitions to push deeper into autonomy while pumping out new, affordable EVs.
Nissan will integrate Wayve’s self-driving software into the Leaf with the goal of making the vehicles available on the Uber app in Tokyo.
Nuro began testing its self-driving software on public roads in Tokyo, marking the first international expansion for the AV startup.
The purpose-built robotaxis will be available on Uber’s app in Las Vegas this year, and Los Angeles next year, if Zoox gets the federal approval it’s been seeking.
It’s a precursor to launching robotaxis in those cities, though the Amazon-owned company is still waiting for federal approval to commercially operate its purpose-built AV.