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Why is Lucid stock surging?
Finbold· 2025-07-17 21:12
Lucid (NASDAQ: LCID) stock is up 46.72% in premarket trading on Thursday as of publication time, following Uber Technologies’ (NYSE: UBER) announcement of a $300 million investment in the electric vehicle maker as part of a six-year robotaxi partnership.Lucid stock 1-day chart. Source: Google FinanceUnder the agreement, Uber will deploy at least 20,000 Lucid vehicles equipped with Nuro’s self-driving technology over a six-year period across dozens of global markets. The first robotaxis are expected to launc ...
Uber inks six-year robotaxi deal with Lucid, invests $300 million in EV company
CNBC· 2025-07-17 20:30
An autonomous robotaxi from Uber's partnership with Lucid and autonomous vehicle startup, Nuro.Uber on Thursday announced a partnership to deploy more than 20,000 robotaxis over the next six years as demand for driverless cars kicks into high gear.As part of the partnership, the ride-hailing company is teaming up with Lucid, the electric vehicle maker, and Nuro, an autonomous vehicle startup. Under the agreement, Uber will invest $300 million in Lucid. Nuro will develop the self-driving technology that Luci ...