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Stock impact report

Uber will operate its own robotaxis again—this time with Rivian's not-yet-built EVs [Fortune]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Fortune
Recommended Video It's a significant reversal from a few years ago, when Uber sold its self-driving unit, ATG, after a fatal crash in 2018 and years of heavy losses. Since then, Uber has gone a different path—inking deals with nearly every major robotaxi player in the market, from Waymo to WeRide . It's only Tesla that doesn't work with the ride-hail company, though that wasn't for lack of trying on Uber's part. In all of those deals, Uber has integrated other companies' AV fleets into its app; the AV companies own and operate the cars. That's changing. First, there was the deal with Lucid Motors in 2025 to purchase and deploy up to 20,000 vehicles equipped with Nuro's autonomy stack. On Thursday Uber announced a similar deal with Rivian for its yet-to-be-built R2 platform. The company is planning to purchase 10,000 fully autonomous R2-based robotaxis if Rivian meets development and validation milestones, with an option to scale to 50,000, according to SEC filings and company s Show less Read more
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