Lucid Group announced the official closure of the $300 million strategic investment from Uber Technologies. This funding will bolster the development costs associated with adding Lucid Gravity robotaxis to the Uber platform globally.
The finalization of this investment marks a significant step forward for Lucid's robotaxi program, which involves purchasing at least 20,000 Lucid Gravity robotaxis over six years. This partnership validates Lucid's technology for autonomous applications.
This capital infusion is crucial for Lucid's strategic expansion into autonomous mobility and provides financial support for its long-term growth initiatives. The collaboration is expected to accelerate the deployment of premium robotaxi services.
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