Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Norwegian foreign minister to visit Pakistan, first such trip in decade

    August 12, 2026

    Cambridge chief calls plagiarism case ‘an aberration’

    August 12, 2026

    Taylor Swift marks 20 years of Debut album milestone amid re-release buzz

    August 12, 2026
    Facebook X (Twitter) Instagram
    • Home
    • Politics
    • News
    • Magazines
    Facebook X (Twitter) Instagram
    Login
    22Media22Media
    Subscribe
    • Home
    • News
      • Pakistan News
      • World News
      • Amazing News
      • Only On 22
    • Sports
    • Bussiness
    • Innovation
      • Health & Sciences
      • Technology
    • Culture
      • Crime & Justice
      • Entertainment
    • Politics
    • Magazines
    • Weather
    • Video
    • Live
    22Media22Media
    Home»Politics»Uber bets $1.25 billion on driverless future with Rivian deal
    Politics

    Uber bets $1.25 billion on driverless future with Rivian deal

    22febdm@gmail.comBy 22febdm@gmail.comMarch 20, 2026No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    10,000 autonomous R2 robotaxis set to hit roads by 2028, signalling a major shift in urban mobility.

    In a bold move set to redefine the future of mobility, Uber has announced a landmark investment of up to $1.25 billion in electric vehicle innovator Rivian signalling an ambitious leap towards a fully autonomous ride-hailing ecosystem.

    At the heart of the partnership lies a plan to deploy 10,000 driverless Rivian R2 SUVs as robotaxis by 2028, ushering in a new era where human drivers may no longer be central to everyday transport. The initial rollout will target major urban hubs, including San Francisco and Miami, before expanding further.

    The announcement sent Rivian’s shares soaring by nearly 9% in premarket trading, underscoring growing investor optimism around the accelerating shift towards autonomous mobility.

    This collaboration arrives at a pivotal moment for the industry. After years of stalled progress, rapid advancements in artificial intelligence and deepening tech partnerships are reigniting confidence in driverless technology bringing solutions to complex road environments and high operational costs within closer reach.

    While Rivian has yet to officially launch a robotaxi service, it has been quietly laying the groundwork. The company recently introduced its own advanced self-driving chip and is preparing to roll out its next-generation R2 SUVs designed to be more accessible, scalable, and commercially viable.

    Under the agreement, Rivian’s R2 robotaxis will operate exclusively on Uber’s platform, with the ride-hailing giant retaining the option to expand its fleet by an additional 40,000 vehicles from 2030.

    If successfully executed, the partnership could see thousands of fully autonomous, unsupervised robotaxis operating across 25 cities in the United States, Canada, and Europe by 2031 potentially transforming not just how people travel, but how cities themselves function.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    22febdm@gmail.com
    • Website

    Related Posts

    Google Gemini surpasses 1 billion monthly users

    August 12, 2026

    Pakistan to establish 50-acre auto processing zone at Port Qasim

    August 12, 2026

    US State Department calls for greater fiscal transparency in Pakistan

    August 12, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Demo
    Our Picks
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss
    Pakistan News

    Norwegian foreign minister to visit Pakistan, first such trip in decade

    By 22febdm@gmail.comAugust 12, 20260

    Norwegian Foreign Minister Espen Barth Eide (right) and Deputy Prime Minister and Foreign Minister Senator Mohammad…

    Cambridge chief calls plagiarism case ‘an aberration’

    August 12, 2026

    Taylor Swift marks 20 years of Debut album milestone amid re-release buzz

    August 12, 2026

    2.4m Afghan girls barred from secondary schools, UNESCO says

    August 12, 2026

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    22Media
    Facebook Instagram YouTube WhatsApp
    • Home
    • Politics
    • News
    • Magazines
    © 2026 22Media. Designed by AleemSoft Hub.

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?