Uber Commits $1.25 Billion to Rivian for Robotaxi Fleet Expansion
Uber is investing up to $1.25 billion in Rivian to acquire thousands of its R2 electric vehicles, aiming to significantly expand its robotaxi fleet.
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Uber is investing up to $1.25 billion in Rivian to acquire thousands of its R2 electric vehicles, aiming to significantly expand its robotaxi fleet.
Uber plans to invest as much as $1.25 billion in electric vehicle maker Rivian to support the development and launch of robotaxis, signaling a major push into autonomous ride-sharing.

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.
Investors in Rivian are reportedly anticipating April to be a crucial turning point for the company's stock, potentially signaling a shift in its market performance.
This piece investigates whether Rivian Automotive, Inc. (RIVN) stock presents a favorable buying opportunity for investors at this time.
An article highlights a specific reason why the month of April could be significant for electric vehicle manufacturer Rivian, potentially leading to substantial growth or positive developments for the company.
Rivian's crucial new car model is launching at a challenging time for the electric vehicle market, facing headwinds that could impact its success and the company's future, as reported by the WSJ.
Rivian's R2, the EV maker's cheapest model to date, was revealed with a starting price of $45,000. However, the reveal appears to have disappointed Wall Street, causing Rivian's stock to drop by 5%.
Rivian has announced that its base R2 SUV model will start at $45,000, with availability projected for late 2027.
Rivian is preparing to debut a more affordable electric vehicle model, which will carry a starting price of $57,990, aiming to expand its market reach.
Mind Robotics, a spinout from electric vehicle maker Rivian, has achieved a valuation of $2 billion following its Series A funding round.
An AI-powered robotics startup founded by the CEO of Rivian has successfully raised $500 million in funding, marking a significant investment in the burgeoning field of advanced robotics.
The company is preparing for the debut of its R2 SUV, a more affordable electric vehicle that could be a game changer.

Wall Street analysts have made calls on several major companies including Nvidia, Apple, Microsoft, Rivian, Amazon, and CrowdStrike, with specific analysis suggesting CrowdStrike is poised to be an AI winner.
An article discusses the anticipated pricing strategy for the Rivian R2, examining its potential impact on the electric vehicle market and consumer expectations.
Analysts' opinions are mixed on consumer cyclical stocks EVgo (EVGO), Rivian Automotive (RIVN), and AutoZone (AZO).

Rivian has launched a new division called RAD (Rivian Adventure Department), formalizing an engineering team dedicated to developing extreme features for the brand's vehicle models.
Rivian has revealed the sticker price for its highly anticipated new electric vehicle model, alongside other EV industry news.
An outlook for Rivian (RIVN) stock in 2026 anticipates an 'inflection year' for the company.
Rivian stock experienced a decline this week, with analysts pointing to various factors contributing to the drop.
Marques Brownlee, a well-followed YouTuber and tech reviewer, said he is no longer in contact with Tesla. Chance Yeh/Getty Images for HubSpot Marques Brownlee, the YouTuber known as MKBHD, said he is no longer in contact with Tesla. He said he had to source a car from a local dealership for his latest review. He reviewed the company's latest Model Y Performance, which hit dealerships in September. Social media's most influential tech reviewer said Tesla keeps leaving him on read. Marques Brownlee — better known as MKBHD to his 20.8 million YouTube subscribers — said he had to take a trip to a nearby car dealership to source his own Tesla Model Y Performance for a January review. "Tesla stopped talking to me," Brownlee said in a recent TikTok, filmed as he picked up the SUV from New Jersey EV dealer George Saliba. "It's not cause I gave them a negative review." @georgejsaliba Tesla stopped talking to @Marques Brownlee, so he’s borrowing one of ours to review #cardealership #carreview #tesla ♬ original sound - George Saliba Automakers typically offer loan cars to influencers and journalists for weeklong test drives, and Tesla has supplied Brownlee with its vehicles in the past. In 2022, he called the Model S Plaid the "best overall car of the last decade," after a review. The TikTok clip is the latest sign that the relationship has cooled. In 2023, Brownlee spoke out after the Cybertruck's delivery event. The pickup, which Musk initially said would have a 500-mile range and a starting price under $40,000, launched with just over 300 miles of range and a $70,000 sticker. Brownlee said Tesla's reveal was "straight up not delivering" on its promises. He still took delivery of the new car, but sold the Cybertruck after eight months and replaced it with the Rivian R1T, a rival electric pickup. And in September 20205, Brownlee publicly canceled his $50,000 deposit for two long-awaited Tesla Roadsters. "Tesla has been sitting with my 50 grand for eight years and hasn't done anything with it, obviously," he said on his "Waveform Podcast." Tesla didn't respond to a request for comment from Business Insider. MKBHD's largely positive review Despite the apparent chill in the relationship, Brownlee's latest Tesla review was largely rosy. After spending time with the refreshed Model Y Performance — a dual-motor SUV with about 460 horsepower and a starting price of about $59,130 — Brownlee said Tesla still leads in several key areas. "The thing about testing one and actually driving a Tesla for a while, you start to remember all of the ways that Tesla is still ahead of the competition," he said in the video. He praised the center display as the automotive "gold standard," highlighted improvements to the ride and rear design, and said Tesla's regenerative braking remains best in class. His review wasn't completely glowing. Brownlee said he wants more physical controls and argued that the trim doesn't meaningfully sharpen the steering or overall driving feel in sport mode. He also said Tesla's lead isn't as commanding as it once was, pointing to rising competition from Lucid, Rivian, and General Motors. Brownlee's return to the dealership lot It's not the first time Brownlee has turned to Saliba's lot when a carmaker didn't provide a vehicle. In 2024, he picked up a Fisker Ocean from the same dealership and called it the "worst car I've ever reviewed," setting up a PR firestorm for Fisker. The automaker pushed back on the review, saying he had driven the car just before an expansive software update. Fisker filed for bankruptcy three months later. Read the original article on Business Insider
Ross Gerber, a prominent investor, has suggested that Elon Musk's Tesla should consider selling its electric vehicle business to Rivian, citing a 'negative' brand perception for TSLA.
The latest market talk in the auto and transport sector covers various developments, including Rivian's performance and Renault Korea's strategic turnaround.
Rivian Automotive experienced its largest stock gain since its IPO following the release of its fourth-quarter 2025 earnings report.
Analysts and financial experts offer advice on navigating the stock market, including recommendations for dividend stocks, high-performing companies, and long-term investment opportunities.

Which US States Are Seeing Incomes Rise The Fastest (And Slowest) Since 2019, U.S. household incomes have surged - rising from $68,700 to $83,730 nationally, a 21.9% increase in just five years. But where you live matters a lot. While some states tracked close to the national average, others saw incomes climb at nearly double the pace, driven by booming local industries and major investment. States like Colorado posted outsized gains, while Georgia’s expanding EV industry brought billions in investment and rising paychecks. The map, via Visual Capitalist's Dorothy Neufeld, shows which states saw the fastest growth in median household income from 2019 to 2024, using data from the U.S. Census Bureau. Trends in Median Income by State Below, we show the change in median household income for all 50 U.S. states and D.C. between 2019 and 2024 using nominal figures (not adjusted for inflation): Rank State Change in Median Household Income Median Household Income 2019 Median Household Income 2024 1 Colorado 46.9% $72,500 $106,500 2 Georgia 43.4% $56,630 $81,210 3 Maine 36.3% $66,550 $90,730 4 Montana 36.1% $60,190 $81,920 5 Tennessee 34.0% $56,630 $75,860 6 Rhode Island 31.6% $70,150 $92,290 7 Massachusetts 29.9% $87,710 $113,900 8 Florida 29.6% $58,370 $75,630 9 Iowa 29.4% $66,050 $85,480 10 Missouri 29.4% $60,600 $78,390 11 California 28.8% $78,100 $100,600 12 New Hampshire 28.7% $86,900 $111,800 13 North Dakota 25.8% $70,030 $88,080 14 Mississippi 25.0% $44,790 $55,980 15 Ohio 24.5% $64,660 $80,520 16 South Dakota 24.3% $64,260 $79,850 17 Michigan 23.9% $64,120 $79,460 18 South Carolina 23.8% $62,030 $76,780 19 Idaho 23.7% $65,990 $81,650 20 Utah 23.0% $84,520 $104,000 21 Wisconsin 22.6% $67,350 $82,560 22 New York 20.8% $71,850 $86,830 23 Texas 20.8% $67,440 $81,490 24 Wyoming 20.8% $65,130 $78,680 25 New Mexico 20.8% $53,110 $64,140 26 Oregon 20.5% $74,410 $89,700 27 Virginia 20.2% $81,310 $97,720 28 Kansas 19.9% $73,150 $87,690 29 Arizona 19.9% $70,670 $84,700 30 Arkansas 18.9% $54,540 $64,840 31 Washington 18.3% $82,450 $97,500 32 New Jersey 18.0% $87,730 $103,500 33 Nebraska 17.9% $73,070 $86,140 34 West Virginia 17.6% $53,710 $63,150 35 Louisiana 17.5% $51,710 $60,740 36 Alabama 16.7% $56,200 $65,560 37 Alaska 16.4% $78,390 $91,260 38 Kentucky 16.4% $55,660 $64,790 39 Delaware 15.7% $74,190 $85,860 40 Indiana 15.0% $66,690 $76,710 41 Maryland 14.8% $95,570 $109,700 42 Vermont 14.7% $74,310 $85,260 43 Connecticut 13.7% $87,290 $99,240 44 Nevada 13.7% $70,910 $80,590 45 Pennsylvania 13.4% $70,580 $80,060 46 Minnesota 13.4% $81,430 $92,350 47 Illinois 13.2% $74,400 $84,210 48 District of Columbia 12.6% $93,110 $104,800 49 Hawaii 11.6% $88,010 $98,240 50 Oklahoma 9.9% $59,400 $65,310 51 North Carolina 9.9% $61,160 $67,220 Colorado’s thriving tech industry helped push median income up 46.9%, the fastest rise across states. With $165,606 in average earnings across the sector in 2023, Colorado ranked sixth-highest nationally. From software to renewable energy, employment growth has expanded by double- or even triple-digit percentages across various roles since 2018. Georgia ranks in a close second, with median incomes climbing 43.4%. In particular, the EV and aerospace sectors are playing a key role in job creation. Since 2018, the state has seen $27.3 billion in investment across EV, aerospace, and battery manufacturers including Rivian and SK Battery America. Maine, meanwhile, saw wages rise 36.3%. In 2024, wages across the tech sector saw the steepest jump of 11.4% while those in the construction sector saw strong gains of 8.5%. Other factors, such as its older population and tight labor market, have further boosted wages. Falling near the middle of the pack were New York and Texas, each with wage gains of 20.8% between 2019 and 2024. By contrast, North Carolina and Oklahoma saw only 9.9% cumulative wage growth, the weakest performance nationwide. Median household income in both states remains well below the U.S. average and still trails pre-pandemic levels. To learn more about this topic, check out this graphic on average hourly earnings by state in 2025. Tyler Durden Sat, 02/14/2026 - 22:45
An analysis provides a forecast for the potential performance of Rivian Automotive stock over the next year.
Uber plans to invest up to $1.25 billion in electric vehicle maker Rivian as part of a strategic partnership focused on developing and deploying robotaxis.
TD Cowen has shifted its outlook on Rivian Automotive to bullish, anticipating positive developments ahead of the company's upcoming R2 vehicle launch.
An article explores whether Rivian represents a smart investment opportunity in the current market.
In the race for electric vehicle affordability, Tesla and GM are reportedly outperforming Rivian's R2 model on price.
An analysis compares Rivian and Tesla, evaluating which electric vehicle manufacturer currently presents a better investment opportunity for stock market participants.
Rivian's crucial new car model is launching at a challenging time for the electric vehicle market, facing headwinds that could impact its success and the company's future.

Rivian will launch sales of its crucial R2 all-electric vehicle this spring with a roughly $58,000 special edition model, the company announced Thursday.
An analysis compares Tesla and Rivian, evaluating which electric vehicle growth stock presents a better investment opportunity for buyers.
Mind Robotics, an AI robotics spinoff from Rivian, has achieved a valuation of $2 billion following a new funding round.
Exclusive | Rivian CEO’s AI-Powered Robotics Startup Raises $500 Million - WSJ

These are the stocks posting the largest moves in early trading.
Wall Street analysts have issued their top research calls for Monday, covering a range of companies including Brown-Forman, Qualcomm, and Rivian, with some stocks receiving downgrades while others were upgraded.

TD Cowen suggests that Rivian Automotive's upcoming R2 model is well-positioned to capitalize on a potential rebound in electric vehicle demand in the U.S.
An analysis explores whether electric vehicle manufacturer Rivian can disrupt the market and provide significant returns for investors by the year 2026.
Despite new entrants like Lucid and Rivian, one established EV company is highlighted as the dominant long-term investment.
An analysis highlights Rivian as a leading growth stock, providing reasons for its strong investment potential.
Rivian (RIVN) announced its Q4 2025 results, showcasing strong pre-production performance for its R2 model, prompting Stifel to raise its price target.
Rivian's stock experienced a significant surge after the company released its delivery forecast. The article discusses whether it's still a good time to invest in the stock.
Rivian Automotive (RIVN) reported $1.3 billion in Q4 2025 revenue, highlighting strong profitability in its software and services segments.
Analysts are evaluating Fluor Corporation as a potential investment under $50 and assessing whether Rivian stock is a buy in 2026.
D.A. Davidson worries that Rivian’s guidance would require the company to see an unusually strong debut of its R2 EV.
Rivian is experiencing increased momentum as its R2 vehicle launch remains on schedule, signaling positive developments for the electric vehicle manufacturer.
Rivian's stock saw a significant increase of 19.8% while Tesla's performance lagged behind in the EV market.
Analysts discuss potential market downturns for the S&P 500 in 2026 while also highlighting a record silver rally and a promising ETF.
Uber has finalized a deal to invest up to $1.25 billion in Rivian, planning to purchase as many as 50,000 autonomous vehicles to expand its robotaxi fleet, with an initial investment of $300 million in the EV company.
Uber plans to invest up to $1.25 billion in electric vehicle maker Rivian as part of a new partnership focused on developing robotaxi technology.
Rivian's upcoming R2 electric vehicle is set to be its first global model, incorporating innovative cost-cutting techniques to enhance its market competitiveness.
Rivian has announced its new R2 SUV lineup, providing details on pricing and the expected rollout timeline for the electric vehicles.
Rivian stock received a surprising upgrade as fears surrounding the war in Iran are reportedly raising stakes in the market.
Rivian’s Make-or-Break Car Arrives at the Worst Possible Moment for EVs WSJ
Rivian announced that deliveries of its R2 electric vehicle will begin this spring, with the launch variant priced at $58,000.
The EV maker just revealed pricing details for its new R2 lineup. Rivian will first launch a $57,990 model, with plans to debut a $45,000 variant in late 2027.
Rivian is reportedly preparing to directly compete with Tesla in a crucial market segment, potentially impacting Tesla's dominant position.
Exclusive | Rivian CEO’s AI-Powered Robotics Startup Raises $500 Million WSJ
Wall Street reacts positively to Rivian's new R2 launch, prompting discussions on whether to invest in Rivian stock.
The future prospects of electric vehicle manufacturer Rivian are heavily dependent on the successful launch of its R2 model, scheduled for April.
TD Cowen analyst Jeffrey Sprague initiated coverage of Rivian Automotive with a buy rating and a $17 price target, citing an optimistic outlook for the company's R2 vehicle.
Electric vehicle manufacturer Rivian plans to unveil its new R2 model at the SXSW festival, hoping to generate significant interest.
An analysis outlines potential strategies for Rivian to improve its performance and deliver a turnaround for investors by 2026.
An analysis suggests that Rivian (RIVN) stock is a strong buying opportunity ahead of March 12, providing reasons for the recommendation.
Rivian is focusing on its new in-vehicle AI technology, positioning it as a key differentiator in its competition with Tesla in the electric vehicle market.
An analysis delves into whether Rivian stock, despite appearing cheap, represents a good investment opportunity for buyers.
Baird has maintained an Outperform rating on Rivian Automotive, Inc. (RIVN), suggesting continued confidence in the electric truck maker.
An analysis explores whether Rivian stock can outperform the market in 2026.
Rivian stock is highlighted as a key investment opportunity for recovery within the electric vehicle sector.
Rivian stock has recently surged past its key support levels, prompting questions from analysts about whether investors should chase the rally.
An article compares Rivian and Nio, evaluating which electric vehicle manufacturer presents a superior investment opportunity for potential buyers.
An article from TechCrunch Mobility discusses Rivian's significance in the evolving transportation landscape.