Rivian's R2 Is Shipping and Uber Wants 50,000 of Them

Published August 6, 2026 · Category: Finance

Overview

Rivian (NASDAQ: RIVN) started shipping its newest electric vehicle, the R2 SUV, in the U.S. in early June. With a starting price of $57,990, the R2 is Rivian's most affordable vehicle ever. It plans to launch an even lower-priced version starting at $45,000 by the end of 2027.

Back in March, Uber (NYSE: UBER) said it would purchase 10,000 fully autonomous R2 robotaxis with an option to buy up to 40,000 more in 2030. Uber also plans to invest up to $1.25 billion in Rivian through 2031, contingent on the company achieving its autonomous driving milestones. Let's see how that deal could generate tailwinds for both companies.

Image source: Rivian.

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Originally published at www.fool.com.

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