Uber and Rivian Partner on Autonomous Vehicles

Uber and Rivian Partner on Autonomous Vehicles

Source: The Verge

Summary

Uber and Rivian have announced a partnership to provide autonomous vehicles for Uber’s ride-hailing service. The partnership includes an initial investment of $300 million from Uber, and Rivian will supply up to 50,000 autonomous R2 SUVs.


Our Reading

The launch follows a familiar script.

Uber and Rivian are teaming up to bring autonomous vehicles to the ride-hailing market. Rivian’s R2 SUVs will be used, with up to 50,000 vehicles supplied. Uber is investing $300 million in the partnership. Because what’s a few hundred million between friends when you’re disrupting the transportation industry… again.


Author: Evan Null