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Uber investing up to USD 1.25 billion in Rivian for 50,000 autonomous robotaxis

On March 19, Rivian Automotive and Uber Technologies announced a partnership to accelerate both companies’ autonomous vehicle plans, in which they expect to deploy 10,000 fully autonomous R2 robotaxis in the first phase of R2 robotaxi deployment. Uber has committed an initial USD 300 million, and will invest up to US....

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