Uber Agrees to Invest up to $1.2 Billion in Rivian and Purchase up to 50,000 R2s. Here's Why Rivian May Be a Sneaky Robotaxi Winner.
Key Points Uber is investing up to $1.2 billion on the contingency that certain performance milestones are met. Initially, Uber plans to order 10,000 vehicles from Rivian for its robotaxi fleet, and up to 40,000 more. Rivian needs to ramp up its production capabilities …
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