All articles tagged with #uber technologies inc
Uber is pushing to stay competitive in the robotaxi race as Waymo scales up, expanding Nvidia partnerships, investing in Rivian and buying Rivian SUVs for its fleet, aiming to accelerate its own driverless operations while mass adoption remains slow; the outcome could hinge on regulatory, cost and trust hurdles, with competition potentially consolidating around large tech groups.
Uber will invest up to $1.25 billion in Rivian and order up to 50,000 autonomous Rivian vehicles, starting with 10,000 robotaxi versions of the R2. An initial $300 million is committed now, rising to $1.25 billion by 2031 if milestones are met. The vehicles will begin unsupervised service in San Francisco and Miami by 2028, expanding to 25 cities in the US, Canada and Europe by 2031. Uber, shifting away from in-house self-driving tech, positions itself as a fleet intermediary to manage robotaxi platforms amid intense competition from Zoox, Waymo, Baidu, and Tesla.
Uber launches the Uber Autonomous Solutions unit to commercialise autonomous-vehicle tech by offering insurance, roadside assistance, AV mission-control software and fleet financing to robotaxi partners, while providing mapping/data services and pursuing partnerships with Waymo, Baidu and Waabi, with plans to deploy AVs in 15 cities by 2026 and lift investor confidence in commercialization.