Uber to invest in $300m in EV maker Lucid amid robotaxi deal | Automotive Industry News

Uber will invest $300m in electric vehicle maker Lucid in a robotaxi deal that aims to start with one major US city late next year.

The two companies announced the new partnership on Thursday.

Over six years starting in 2026, Uber will acquire and deploy over 20,000 Lucid Gravity SUVs that will be equipped with autonomous vehicle (AV) technology from startup Nuro, the three companies said in a statement.

The agreement illustrates the renewed plans and push for financing for self-driving…

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News Source: www.aljazeera.com

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