{"id":131119,"date":"2026-03-22T10:32:54","date_gmt":"2026-03-22T13:32:54","guid":{"rendered":"https:\/\/automotive.einnews.com\/article\/901074759"},"modified":"2026-03-22T10:32:54","modified_gmt":"2026-03-22T13:32:54","slug":"the-week-in-business-and-tech-saw-rivian-automotive-strike-a-1-25-billion-robotaxi-deal-with-uber-technologies-investor-ross-gerber-push-ev-adoption-amid-rising-oil-prices-canada-propose-a-u-s-foc","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/03\/22\/the-week-in-business-and-tech-saw-rivian-automotive-strike-a-1-25-billion-robotaxi-deal-with-uber-technologies-investor-ross-gerber-push-ev-adoption-amid-rising-oil-prices-canada-propose-a-u-s-foc\/","title":{"rendered":"The week in business and tech saw Rivian Automotive strike a $1.25 billion robotaxi deal with Uber Technologies, investor Ross Gerber push EV adoption amid rising oil prices, Canada propose a U.S.-focused auto strategy, Tesla, Inc. plan a $4.3 billion\u00e2\u0080\u00a6"},"content":{"rendered":"
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This week was a rollercoaster ride in the world of business and tech. From Rivian Automotive\u2019s <\/strong>billion-dollar deal with Uber<\/strong> to Ross Gerber\u2019s<\/strong> push for electric vehicles, there was no shortage of intriguing developments. Let\u2019s dive into the top stories of the week.<\/p>\n

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Rivian\u2019s High-Stakes Uber Deal<\/strong><\/h2>\n

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Rivian Automotive has inked a $1.25 billion deal with Uber to provide up to 50,000 R2-based robotaxis. The initial order covers 10,000 robotaxis, with Uber having the option to purchase up to 40,000 additional units. However, Rivian must meet four performance milestones to secure the full funding from Uber. James Picariello, BNP Paribas Equity Research senior analyst, noted that the deal reflects Uber\u2019s confidence in Rivian\u2019s autonomy capabilities.<\/p>\n

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Read the full article here.<\/em><\/a><\/p>\n

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Ross Gerber Advocates For EVs Amid Soaring Fuel Prices<\/strong><\/h2>\n

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As the Middle East conflict escalates and oil prices soar, investor Ross Gerber<\/strong> of Gerber Kawasaki<\/strong> is urging people to switch to electric vehicles (EVs). Gerber highlighted the cost-effectiveness of EVs in a social media post, stating that driving an EV could save thousands of dollars annually compared to a gas car.<\/p>\n

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Read the full article here.<\/em><\/a><\/p>\n

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Canada\u2019s Opposition Leader Proposes US-Focused Auto Strategy<\/strong><\/h2>\n

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Pierre Poilievre<\/strong>, Canada’s leader of the Official Opposition and the Conservative Party, is advocating for a U.S.-focused auto industry strategy amid Canada’s tariff agreement with China. Poilievre proposed tax exemptions for vehicles made in Canada and a rule allowing equal dollar value imports from the U.S. or Mexico for every vehicle produced in Canada.<\/p>\n

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Read the full article here.<\/em><\/a><\/p>\n

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Tesla To Build $4.3 Billion Battery Plant In Michigan<\/strong><\/h2>\n

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The Trump administration confirmed that Tesla<\/strong> will build a $4.3 billion battery plant in Michigan in partnership with LG Energy. The Department of Interior mentioned the deal among agreements worth over $56 billion aimed at creating jobs and securing critical energy supply chains.<\/p>\n

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Read the full article here.<\/em><\/a><\/p>\n

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United Airlines Cuts Flights Amid Rising Fuel Costs<\/strong><\/h2>\n

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United Airlines announced a 5% reduction in scheduled capacity for the second and third quarters due to escalating fuel costs. The airline will target weaker, off-peak routes and trim flying at Chicago O\u2019Hare. CEO Scott Kirby warned of a potential $175 per barrel oil scenario.<\/p>\n

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Read the full article here.<\/em><\/a><\/p>\n

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Disclaimer<\/em>:<\/strong> This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.<\/em><\/p>\n

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Image via Shutterstock<\/em><\/p>\n

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Market News and Data brought to you by Benzinga APIs<\/a><\/p>\n

\u00a9 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.<\/p>\n

To add Benzinga News<\/strong> as your preferred source on Google, click here<\/a>.<\/p>\n

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… business and tech. From\u00c2\u00a0Rivian Automotive<\/span>\u00e2\u0080\u0099s billion-dollar deal with … High-Stakes Uber Deal Rivian Automotive<\/span> has inked a $1.25 …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-131119","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/131119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=131119"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/131119\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=131119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=131119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=131119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}