{"id":142711,"date":"2026-03-19T12:49:08","date_gmt":"2026-03-19T12:49:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-pa\/142711\/"},"modified":"2026-03-19T12:49:08","modified_gmt":"2026-03-19T12:49:08","slug":"uber-to-invest-up-to-1-25b-in-rivian-to-help-launch-robotaxis-ap-business","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-pa\/142711\/","title":{"rendered":"Uber to invest up to $1.25B in Rivian to help launch robotaxis | Ap-business"},"content":{"rendered":"<p>Uber says it will invest up to $1.25 billion in Rivian Automotive to help launch up to 50,000 robotaxis.<\/p>\n<p>Uber, or its fleet partners, are expected to buy 10,000 fully autonomous Rivian R2 robotaxis, with the option to purchase up to 40,000 more in 2030.<\/p>\n<p>The companies said Thursday that initial deployments of the vehicles are expected to begin in San Francisco and Miami in 2028 and will expand to 25 cities by 2031.<\/p>\n<p>Uber&#8217;s investment in Rivian will be spread out up to 2031 and is subject to hitting certain autonomous milestones by specific dates. An initial $300 million investment has been committed to following the deal&#8217;s signing, subject to regulatory approval.<\/p>\n<p>In premarket trading, shares of Rivian rose 10%. Uber shares edged up less than 1%.<\/p>\n<p>Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.<\/p>\n","protected":false},"excerpt":{"rendered":"Uber says it will invest up to $1.25 billion in Rivian Automotive to help launch up to 50,000&hellip;\n","protected":false},"author":2,"featured_media":142712,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[119,121,120,60,55199,65271],"class_list":["post-142711","post","type-post","status-publish","format-standard","has-post-thumbnail","category-allentown","tag-allentown","tag-allentown-headlines","tag-allentown-news","tag-business","tag-industry-regulation","tag-uber-rivian-robotaxi-autonomous"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/142711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=142711"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/142711\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/142712"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=142711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=142711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=142711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}