Rivian and Uber on Thursday announced a partnership worth up to $1.25 billion to accelerate the two companies' plans for autonomous vehicles and deploy up to 50,000 fully autonomous robotaxis in the years ahead.Under the agreement, Uber will invest up to $1.25 billion in Rivian through 2031, subject to achieving autonomous performance milestones by specific dates. The two companies have agreed to an initial $300 million investment following the signing of the deal, subject to regulatory approval.Uber plans to purchase, either directly or through its fleet partners, 10,000 fully autonomous Rivi...
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