# Rivian rallies as Uber commits $1.25B to robotaxi fleet.

*robotics, business · news · 2026-03-19 · Seeking Alpha*

## Key points

- Uber committed $1.25 billion to purchase 10,000 fully autonomous Rivian R2 robotaxis.
- Uber's deal with Rivian includes an option to buy up to 40,000 more robotaxis.
- This investment marks one of Uber's largest single commitments to autonomous fleet technology.
- The announcement triggered a significant rise in Rivian's stock price in early Thursday trading.

Rivian rallies as Uber commits $1.25B to robotaxi fleet Mar. 19, 2026 8:20 AM ETUber Technologies, Inc. (UBER) Stock, RIVN StockBy : Amy Thielen, SA News Editor Comments Shares of Rivian (RIVN) were launched higher in early Thursday trading after Uber Technologies (UBER) announced a $1.25 billion investment to purchase 10,000 fully autonomous R2 robotaxis, with an option for up to 40,000 more. Uber’s (UBER) investment will Newsletters for Every Investor Get daily, sector-specific newsletters packed with expert insights, fresh ideas, and new opportunities. Subscribe to Newsletters

**Companies:** Uber Technologies, Inc., Rivian
**Countries:** United States

[Read the full story on Seeking Alpha](https://seekingalpha.com/news/4566310-rivian-rallies-as-uber-commits-125b-to-robotaxi-fleet)

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