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RJ Scaringe

RJ Scaringe

Founder and Chief Executive Officer, Rivian Automotive

Appears in 1 story

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Uber bets $1.25 billion on Rivian to build its own robotaxi fleet — again

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 3 hours ago