Getting vehicle price points near $50,000 is huge for convincing people to try Rivian's EVs. Rivian's higher $60,000 R2 price tag is only the first phase of the launch strategy.
UBER's $1B-plus Rivian deal to deploy 10,000 robotaxis could reshape autonomous ride-hailing as it scales partnerships and global rollout plans.
UBER's $1.25 billion investment in RIVN fuels a robotaxi push, with 10,000 autonomous R2 vehicles planned across major cities by 2031.
Rivian stock remains on edge today, March 20, as investors focus on the large investment and order from Uber. After rising by nearly 4% on Thursday, the stock pulled back by over 1% on Friday as trade
Uber's deal with Rivian highlights the importance of developing full autonomy features. The deal is a big vote of confidence for Rivian's bets on AI.

Why Rivian Stock Rallied Today

07:35pm, Thursday, 19'th Mar 2026
Uber is helping to fund the development of Rivian's autonomous technology. Competition is fierce, but Rivian CEO RJ Scaringe likes his chances.
Uber and Rivian announced a partnership to deploy up to 50,000 autonomous vehicles by 2031. Rivian will receive an initial $300 million, with the remaining investment tied to specific self-driving mil

Uber Makes Billion-Dollar Bet on Rivian Robotaxis

06:34pm, Thursday, 19'th Mar 2026
Uber has teamed with carmaker Rivian to boost both companies' autonomous vehicle efforts. The two companies expect to deploy 10,000 fully autonomous R2 robotaxis in the first phase of that effort, Riv
Uber plans to purchase 10,000 Rivian R2 robotaxis with the option for 40,000 more as the companies target a 2028 launch for autonomous ride-hailing service.
Rivian's place in Uber's long‑term robotaxi rollout puts scale, autonomy, and future margins in sharp focus, today, March 19, 2026.
@LikeFolio's Landon Swan covers Uber Technologies (UBER) as the company announces a partnership with Rivian (RIVN) for self-driving. He says Uber has been “a little disappointing” for investors ov
Rivian reports earnings in early May. Updates on two major catalysts could be on the way.

Rivian Jumps as Uber Commits $1.25B to Robotaxis

01:43pm, Thursday, 19'th Mar 2026
After Uber Technologies (UBER, Financials) promised $1.25 billion to develop a fleet of robotaxis utilizing Rivian (RIVN, Financials) cars, Rivian's stock price
Rivian is getting into the robotaxi race.
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.
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