Nuro, Uber and Lucid
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Key Takeaways Lucid shares jumped 36% Thursday on news the EV startup is partnering with self-driving software maker Nuro and rideshare giant Uber Technologies to bring a new group of robotaxis to Uber's platform.
EV maker Lucid is partnering with Uber and self-driving car startup Nuro to deploy thousands of autonomous robotaxis over the next six years.
Lucid received an unexpected lifeline from Uber, which intends to use "20,000 or more" Gravity SUVs as robotaxis in a three-way deal with Nuro. The latter will provide the autonomous driving software and the hardware suite required for driverless operation.
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Investor's Business Daily on MSNUber Strikes Robotaxi Deal With Tesla Competitor. But Uber Stock Falls.Uber stock is lower for a seventh straight day despite announcing a plan to launch a new robotaxi service with Lucid, Nuro.
Uber is making a big move into robotaxis. It is partnering with Lucid and Nuro. The aim is to launch over 20,000 robotaxis. These will be exclusively on the Uber platform in six years. Uber will invest heavily in Lucid and Nuro.
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