Uber to invest $300 million in EV maker 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.
Just a few weeks after Tesla launched its robotaxi service, Lucid has fought back with its own autonomous robotaxi program. Joining forces with Nuro and Uber, Lucid’s robotaxi will launch later next in a major US city.
Ross Gerber is pushing back against a partnership between rideshare service Uber Technologies Inc. and automaker Lucid Group Inc.
Lucid's new OTA update adds hands-free driving to Air and Gravity models with DreamDrive Pro, enabling Level 2 hands-free lane changes. The update, available July 30 for Air and 2025 for Gravity, requires drivers to initiate lane changes using the turn signal.