Reported about 10 hours ago
Lucid's stock surged by 40% after the announcement of a significant collaboration with Uber, which plans to purchase 20,000 Lucid Gravity SUVs over six years for its upcoming robotaxi service. Uber is partnering with autonomous software company Nuro for this venture and is set to invest $300 million in Lucid, marking a notable shift in their strategy towards robotaxis. The service, showcasing high-end technology, aims to launch in a U.S. city next year.
Source: YAHOO