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

What's Going On With Lucid Stock Thursday

01:41pm, Thursday, 19'th Mar 2026
Lucid Group (LCID) saw shares rise about 2% Thursday after Citi initiated coverage with a Buy rating, citing growing momentum for the electric vehicle maker.Cit
WRD emerges as winner in robotaxi race, backed by global expansion, partnerships and fleet growth as AV market surges toward $41.75T by 2034.
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.
Shares of Rivian Automotive Inc (NASDAQ:RIVN) rose more than 4% on Thursday after Uber Technologies said it will invest up to $1.25 billion in the electric vehicle maker as part of a partnership to de
Rivian Automotive (RIVN) shares climbed about 6% on Thursday morning after Uber Technologies (UBER) said it plans to invest up to $1.25 billion in the electric-
Uber Technologies (UBER) will invest up to $1.25 billion in Rivian Automotive (RIVN) through 2031, with an initial $300 million commitment, as part of a partner
Rivian (RIVN) shares accelerated after Uber Technologies (UBER) said it will invest $1.25 billion into the EV company's robotaxi fleet. Diane King Hall talks about how it signals a gear shift in the a
Rivian Automotive Inc (NASDAQ:RIVN) is brushing off the broad market malaise this morning, last seen up 8.4% to trade at $16.54.
Uber Technologies is stepping up its autonomous ambitions through a new partnership with electric vehicle maker Rivian Automotive, committing to invest up to $1.25 billion to support a large-scale rob
Top insights from the latest market news from Thursday, March 19, from The Motley Fool analysts on Team Rule Breakers and Team Hidden Gems.
This is a developing story.
Uber Technologies has been aggressively partnering with players across the automotive-technology and electric-vehicle industries. Now it has a new deal with Rivian Automotive.
Uber plans to deploy 10,000 fully autonomous Rivian R2 robo-taxis across 25 cities worldwide by the end of 2031.
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