In addition to its Rivian deal, Uber has a $300 million partnership with EV-maker Lucid for at least 20,000 robotaxis.
All of the major players are vying for a major share of a ridehailing market estimated at $43 billion in the US and $150 billion worldwide.
Despite initial concern from motorists, robotaxi services are finding plenty of passengers as they expand across the country.
The Trump White House may usher in a big loosening of the rules around cars that can operate without human drivers.
Despite the steep competition and roadblocks, the company has high hopes for expanding its self-driving services.
The company’s recent changes, aimed at “right-sizing [its] cost structure,” include layoffs and shifting focus from R&D.
American Transit Insurance Company (ATIC) insures over 60% of 117,000 taxis and for-hire vehicles. And it’s insolvent.
