Rivian and Uber are launching a multi-year autonomous initiative to develop, deploy, and operate robotaxi services on Uber’s platform, with Uber investing up to $1.25 billion through 2031 and the option to purchase up to 50,000 R2 robotaxis through 2030.

Initial deployments are targeted for San Francisco and Miami in 2028, with Europe and Canada included as part of a broader rollout to about 25 cities by 2031.

Rivian CEO RJ Scaringe says the partnership advances safer and more convenient autonomous mobility.

The report includes a satirical segment critiquing U.S. policy in the Middle East and questioning the administration’s understanding of externalities.

An unrelated personal anecdote about a person’s vehicle collection appears in the article and is not pertinent to the business news.

Rivian faces profitability headwinds as the federal EV tax credit expires, regulatory credits shrink, and tariff costs weigh on margins.

India’s auto sector faces potential production slowdowns and supply-chain disruptions due to Iran-related gas shortages, jeopardizing output for manufacturers like Maruti Suzuki, Tata Motors, and Mahindra in a year of near-record demand.

The piece also notes tech-news highlights including regulatory framing of AI, Google’s Gemini test, Bluesky funding, and market chatter around AI and tech stocks.

AAA suggests gas prices could rise toward about $5 per gallon in the future.

Rivian guided a 2026 EBITDA loss of up to $2.1 billion, with 2025 adjusted EBITDA loss around $465 million and roughly $1.7 billion in R&D spending for 2025.

Analysts view 2026 as a transitional year for Rivian toward profitability amid heavy investment in autonomy.

The broader auto industry is increasingly focused on autonomous tech amid shifting demand, regulatory scrutiny, and pricing pressure in the EV market.