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Uber and Rivian plan to bring robotaxis to California [Los Angeles Times (CA)]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Uber and Rivian announced a partnership Thursday that could bring up to 50,000 self-driving R2 vehicles to cities across the U.S., Canada and Europe by 2031. The Rivian robotaxis would be available exclusively through Uber's ride-hailing app. The partnership will begin with Uber's purchase of 10,000 fully autonomous R2s, with the option to purchase 40,000 more in 2030. Uber's investment is subject to the achievement of autonomous performance milestones, the companies said in a news release Uber could invest as much as $1.25 billion in Rivian through 2031. It already has committed to spending $300 million on the effort. The first robotaxi deployments are planned for San Francisco and Miami in 2028, followed by 23 more cities, the release said. “We couldn't be more excited about this partnership with Uber,” Rivian Chief Executive RJ Scaringe said in a statement. “It will help accelerate our path to level 4 autonomy to create one of the safest and most convenient autonomous pl Show less Read more
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