Tech

Rivian says it's on track for $250 million Uber funding by year-end, R2 demand strong

Source: ET Tech ·

Rivian says it's on track for $250 million Uber funding by year-end, R2 demand strong

The Uber funding and strong R2 sales are crucial to Rivian's push to narrow heavy losses and cash burn while it funds a bet on self-driving technology and leans on its joint venture with Volkswagen, which has become a major source of revenue.

Read the full story at ET Tech →

More in Tech