Uber Commits $300M to Purchase 10,000 Rivian Robotaxis with Option for 40,000
Uber has committed an initial $300 million investment to purchase 10,000 fully autonomous Rivian R2 robotaxis, with options to acquire up to 40,000 more by 2030. Deployments will begin in San Francisco and Miami in 2028 and expand to 25 cities across North America and Europe by 2031.
1. Partnership Terms
Uber has struck a deal with Rivian to purchase 10,000 fully autonomous R2 robotaxis, with the right to buy an additional 40,000 by 2030. The agreement secures Uber’s priority ordering and scalability as Rivian ramps production of the smaller R2 model this year.
2. Deployment Timeline
Initial deployments will target San Francisco and Miami in 2028, leveraging Uber’s existing ride-hailing infrastructure. By 2031 the service is planned to span 25 cities across North America and Europe, supporting Uber’s ambition to integrate autonomous vehicles into its network.
3. Investment Structure
Uber’s commitment begins with a $300 million investment following deal approval, with remaining funding of up to $950 million payable through 2031. Disbursements are contingent on Rivian achieving specific autonomous-driving milestones by predetermined dates.
4. Strategic Impact
The partnership capitalizes on Rivian’s vertically integrated vehicle and software stack, granting Uber control over manufacturing scale and supply. This collaboration bolsters Uber’s long-term autonomous strategy and could meaningfully reduce operating costs once fleets reach scale.