RJ Scaringe

New Capabilities

Pursuing volume model with R2 platform; robotaxi version extends commercial reach

For most of its life, Uber has been a marketplace for human drivers with their own cars. On May 6, 2026, the company laid out the clearest version yet of a different model: a marketplace for robotaxis it neither owns nor operates.

Updated May 31

Money Moves

Launching Rivian's first mass-market vehicle and autonomous driving platform

Uber sold its self-driving car unit in 2020 after burning billions and killing a pedestrian. Now it's spending up to $1.25 billion to do it all over again — this time with Rivian building the cars. The deal commits Uber to purchasing up to 50,000 autonomous R2 sport utility vehicles for deployment across 25 cities by 2031, beginning in San Francisco and Miami in 2028.

Updated May 30