Rivian Aims for $250M Uber Funding by Year-End Amid Strong R2 Demand
Rivian is on track to secure $250 million in funding from Uber by the end of the year. The company’s strong sales of the R2 model are vital as it works to reduce heavy losses and cash burn. Rivian is also investing in self-driving technology and relies on its joint venture with Volkswagen, which has become a significant revenue source.
ET Tech·


