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Rivian's Q4 2025 earnings reveal software and its Volkswagen joint venture saved the company financially, with $2 billion more expected in 2026. The company reduced cost per vehicle from $110,400 to $100,900 and expects 59% delivery growth with the launch of its lower-cost R2 SUV in mid-2026. Meanwhile, Uber continues aggressive AV partnerships with Baidu and WeRide launching robotaxis in Dubai and Abu Dhabi, while Lyft lags behind despite sitting on $1.8 billion cash. Waymo deploys its sixth-generation driver in San Francisco and Los Angeles, and the lidar industry sees continued consolidation with Ouster acquiring Stereolabs.