Lucid Group announced a major partnership with Uber Technologies and autonomous vehicle company Nuro to launch a global, premium robotaxi program. As part of this collaboration, Uber will invest $300 million in Lucid.
The agreement calls for Uber to purchase at least 20,000 robotaxis from Lucid over six years, with these luxury-electric SUVs to be outfitted with Level 4 autonomous driving technology developed by Nuro. This marks Lucid's entry into autonomous mobility.
This strategic alliance opens a significant new revenue stream for Lucid and validates its vehicle technology for commercial autonomous applications. The investment will cover development costs associated with integrating Lucid Gravity robotaxis onto the Uber platform.
Lucid Interim CEO Marc Winterhoff highlighted the partnership as a key step in the company's growth strategy, leveraging its advanced EV technology for a high-volume, premium robotaxi service.
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