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Uber Just Made a Huge Investment in Its Robotaxi Future. Here's What Investors Need to Know.
The Motley Fool·2025-07-25 19:00

Uber Technologies (UBER 1.19%) is going all-in on autonomous vehicles. The company just committed to a massive multiyear partnership with electric vehicle (EV) maker Lucid (LCID -3.08%) and self-driving start-up Nuro in a move that could reshape its future.As part of this new alliance, Uber will make a $300 million investment in Lucid and a separate, "multi-hundred-million-dollar" investment in Nuro. It will then look to deploy at least 20,000 robotaxis built by Lucid and equipped with Nuro's Level 4 autono ...