Investment
Features
FeesSafety
Academy
More
Pluang+
|
Home/News Feed/Uber to invest $1.2B in Rivian and buy 50,000 electric R2 vehicles, boosting Rivian's robotaxi prospects.
RIVN
$16.31
-$0.02 -0.12%

Uber to invest $1.2B in Rivian and buy 50,000 electric R2 vehicles, boosting Rivian's robotaxi prospects.

Market News
30 Jul 2026
Ryan Vanzo
View Source
Bullish
pluang ai news

Uber has agreed to invest up to $1.2 billion in electric vehicle maker Rivian and plans to purchase up to 50,000 of Rivian's R2 electric vehicles. This deal highlights Uber's push into electric and autonomous vehicle technology, positioning Rivian as a potential key player in the emerging robotaxi market. The investment and vehicle purchase could accelerate Rivian's growth and innovation in electric mobility solutions, signaling a strategic partnership that may reshape urban transportation.

More News (RIVN)

Rivian stock upgraded with a price target boost amid strong EV demand and new SUV launch

Rivian stock upgraded with a price target boost amid strong EV demand and new SUV launch

Rivian, the electric vehicle maker, received an upgrade from Piper Sandler to an 'Overweight' rating with a 12-month price target raised from $18 to $20, reflecting a 26.26% potential gain by mid-2027. This optimism is driven by stronger demand for E...

Analyst Insights
Bullish
3 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App