Uber taps Rivian to build robotaxis in deal worth up to $1.25B
Uber is kicking off the partnership with an initial $300 million investment, while Rivian will provide as many as 50,000 autonomous R2 SUVs.
Uber is kicking off the partnership with an initial $300 million investment, while Rivian will provide as many as 50,000 autonomous R2 SUVs.
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The round, led by Dragoneer Investment Group, DST Global, and Sequoia Capital, now values the autonomous vehicle company at $126 billion.
Waymo is opening its driverless robotaxis to the public in Miami, starting with a 60-square-mile service area and plans to reach the airport “soon.”
Motional says it will launch a driverless robotaxi service in Las Vegas before the end of 2026.
Six months ago, Waymo disclosed it was providing 250,000 robotaxi rides. But it’s grown significantly since, a leaked letter says.
Elon Musk said he expects Tesla to be able to put all the Cybercabs it builds on the road, and thanked Waymo for “paving the path.”
The exemption would allow the Amazon-owned autonomous vehicle company to commercially deploy its custom-built robotaxis, which lack traditional controls like pedals and a steering wheel.
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Momenta is one of 20 global AV partners that Uber has scooped up across its ridehail, delivery, and freight businesses. Uber says those partnerships have already generated an annualized rate of 1.5 million mobility and delivery.