Overview
- Rivian’s R2 robotaxis would operate exclusively on Uber’s platform, with driverless service targeted to begin in 2028 pending milestones.
- Initial deployments are planned for San Francisco and Miami in 2028, with a goal to expand to 25 cities across the U.S., Canada and Europe by the end of 2031.
- Uber has committed an initial $300 million investment following signing, subject to regulatory approval, with remaining funding contingent on autonomy performance.
- Rivian’s third-generation autonomy stack for R2 integrates 11 cameras, five radars and one LiDAR with two in-house RAP1 chips delivering about 1,600 TOPS.
- Rivian shares jumped roughly 8–10% in early trading on the news, while Uber’s stock was little changed.