Lucid Motors Announces Closing of $300 Million Investment From Uber

Lucid closes $300M robotaxi investment from Uber, debuts ad campaign featuring Oscar nominees

Lucid Group has reached the next stop on its ride with Uber. The electric vehicle manufacturer said it has closed on a $300 million investment from Uber Technologies as part of Uber’s next-generation premium global robotaxi program, announced in July. The program aims to deploy 20,000 or more Lucid vehicles equipped with Nuro Inc.’s Nuro Driver Level 4 autonomy system in markets around the world over the next six years, beginning with a launch i…

Uber’s $300M Lucid Investment Confirms Phoenix-Built Robotaxis - Greater Phoenix In Business Magazine

Lucid Group, Inc., maker of  advanced electric vehicles, announced the closing of a $300 million investment in the company by Uber Technologies, Inc. The strategic investment was made as part of the next-generation premium global robotaxi program announced in July. The robotaxi, which will utilize Lucid’s electric vehicle technology platform, is planned to be built…

Lucid Shares Hit All-Time Low Despite Closing $300M Uber Investment

Lucid Motors said on Thursday it has closed a $300 million investment from Uber, finalizing funding tied to the companies’ partnership on a robotaxi program.

Lucid Motors Announces Closing of $300 Million Investment from Uber

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