Uber to Invest $1.25 Billion in Rivian for 50,000 Robotaxis by 2031

Mar 19, 2026 12:18 UTC

RIVN, UBER, TSLA, XOM

Long term

Uber has announced a major commitment to the future of mobility with a planned investment of up to $1.25 billion in Rivian, the electric vehicle manufacturer. The funding will support the deployment of 50,000 robotaxis in several countries over the next decade, with operations expected to begin in phases through 2031. This collaboration underscores Uber’s long-term strategy to integrate autonomous technology into its ride-hailing network, reducing reliance on human drivers and enhancing operational efficiency. Rivian, already a key player in the EV space, stands to gain significant capital and strategic alignment with a global mobility platform. The deal also signals growing investor confidence in autonomous vehicle technology and the commercial viability of robotaxis. As part of the agreement, Rivian will supply the vehicles, while Uber will manage the ride-hailing platform and deployment logistics. The initiative could reshape urban transportation and influence broader trends in the automotive and energy sectors, particularly with ongoing shifts toward electrification and automation.

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Uber to Invest $1.25 Billion in Rivian for 50,000 Robotaxis by 2031

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