uber taxi

Uber to invest up to $1.25 billion in EV maker Rivian in deal to launch 50,000 robotaxis

2026-03-20 00:30:00 UTC

Uber plans to invest up to $1.25 billion in Rivian as part of a deal to deploy up to 50,000 robotaxis in several countries through 2031.

Uber to Buy Rivian Vehicles for Use as Driverless Taxis

2026-03-20 00:30:00 UTC

Rivian’s stock pops as the EV maker becomes the latest to partner with Uber

2026-03-20 00:30:00 UTC

Uber

Uber Technologies, Inc. is an American multinational transportation company that provides ride-hailing services, courier services, food delivery, and freight transport. It is headquartered in San Francisco, California, and operates in approximately 70 countries and 15,000 cities worldwide. It is the largest ridesharing company worldwide with over 202 million monthly active users and 10 million active drivers and couriers. It coordinates an average of 42 million trips and delivery orders per day, and has coordinated 72 billion trips and delivery orders since its inception in 2010. In the fourth quarter of 2025, the company had a take rate (revenue as a percentage of gross bookings) of 29.9% for mobility services and 19.2% for food delivery.

The company is also in the process of developing robotaxi services in partnership with Lucid Motors, Nuro, and Baidu.