As part of their announced deal, Uber will invest hundreds of millions of dollars in Lucid and Nuro, which supplies self-driving technology to automakers, the joint statement said. Of that, $300 ...

Uber is investing hundreds of millions of dollars into Lucid and autonomous vehicle technology startup Nuro in a bid to ...

The ride-hailing company will invest $300 million in Lucid. Nuro will build the self-driving technology that will be used by Lucid to supply Uber at least 20,000 robotaxis over the course of the deal.

Uber is investing $300 million in Lucid, a spokesperson for the automaker, Nick Twork, confirmed. The investment in Nuro will be “significantly more than that,” Ferguson said, though he declined to ...

Key Points Uber will be investing $300 million into Lucid to help the company build a fleet of 20,000 (or more) robotaxis over the next six years. Nuro, another Uber partner, will be developing ...

Lucid's share price is on the move. Here's what its partnership with Uber and Nuro means for the future of transportation.

Uber Just Made a Huge Investment in Its Robotaxi Future. Here's What Investors Need to Know.

Lucid posted deeper Q2 losses and cut its 2025 outlook, but strong liquidity and a key Uber deal support long-term growth.

SAN FRANCISCO (Reuters) -Uber will invest $300 million in electric vehicle maker Lucid in a robotaxi deal that aims to start with one major U.S. city late next year, the companies said on Thursday.

Uber will be investing $300 million into Lucid to help the company build a fleet of 20,000 (or more) robotaxis over the next six years. Nuro, another Uber partner, will be developing the ...