Rivian and Uber have agreed on 50,000 autonomous R2 models and a $1.25 billion investment.

The entities involved

• Rivian Automotive →

  American automaker and automotive technology company

  • Rivian, QuantumScape, Tesla, and Nio Inc. are operating and competing in the advanced electric vehicle market.Fri 02:30
• Uber →

  peer-to-peer ridesharing, food delivery, and transportation network company headquartered in San Francisco, California

  • Uber plans to expand operations into Houston.Mon 05:15
  • WeRide is expanding its robotaxi operations from its core development with Bosch to strategic deployments in Abu Dhabi, backed by partnerships with Uber and Grab, targeting Southeast Asia.Sun 04:49
• Tesla →

  American automotive, energy storage and solar power company

  • Nio Inc. and Tesla are facing market headwinds, while Geely has acquired a minority stake in Nio's power unit.Mon 16:10
  • Market signals from Nvidia inform current high-growth potential, while Tesla serves as a successful high-growth investment benchmark.Mon 15:23

Related events

• Rivian Automotive is moving to reduce costs and achieve profitability within the electric vehicle industry.Jun 17
• Lucid and Rivian are competing for market share in the electric vehicle industry.Jun 7
• Audi AG, Porsche, Tesla, and Rivian R1S are all major players in the high-performance electric vehicle manufacturing sector.Sep 16
• Tesla and Waymo's performance is being analyzed amidst AI growth and market volatility.Aug 31
• TD Cowen upgraded Rivian based on demand projections.Aug 27