Uber’s Back in Robotaxi Game with $300M Bet on Lucid
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Uber will acquire and deploy over 20,000 Lucid Gravity SUVs that will be equipped with autonomous vehicle technology from startup Nuro.
Lucid Motors’ (LCID) shares soared over 50% after the company secured a multi-hundred-million dollar investment from Uber to deploy
Lucid Group partners with Uber and Nuro to deploy Gravity EVs as robotaxis, boosting delivery scale and entering the autonomous market. Click for my LCID update.
The stock's massive declines prompted the recently announced proposal. Then, a huge announcement sent shares soaring.
Uber's robotaxi deal with Lucid and Nuro isn't worrying gig worker drivers. Here's why they don't think driverless cars will replace humans.