US Edition
Uber Announces Global Robotaxi Plan With Lucid and Nuro
UNITED STATES, JUL 17 – Uber will invest $300 million to deploy at least 20,000 Lucid Gravity SUVs with Nuro's Level 4 autonomous tech on its platform by 2032 to reduce costs and scale services.
- On July 17, 2025, Uber announced a next-generation premium global robotaxi program, with over 20,000 Lucid Gravity SUVs set to deploy over six years starting in 2026.
- In a strategic shift, Uber sought to reduce costs, boost safety and enhance rider integration, marking a renewed push into the robotaxi space after its 2020 exit.
- At Nuro’s Las Vegas proving grounds, the first Lucid-Nuro robotaxi prototype is testing autonomously, as `three companies said`, demonstrating system maturity.
- Following the announcement, Lucid’s shares rose 42% on Thursday, while Uber’s stock dipped 0.1% from the market open.
- Looking ahead, global rollout plans and Tesla's Austin trial and Waymo's expansion underscore market momentum.
126 Articles
126 Articles
Lucid’s $300 Million Uber Deal Sparks Stock Frenzy, but Can It Deliver?
Key Points in This Article: Lucid Motors‘ (LCID) $300 million Uber Technologies (UBER) deal for 20,000 robotaxis over six years sparked a 36% stock surge, but the modest annual volume increase offers limited financial impact. Analysts see strategic value but question Lucid’s production scalability and revenue potential, while Uber risks straining its Waymo partnership. A proposed 1-for-10 reverse stock split aims to lift Lucid’s share price a…
Uber changed the way people move in cities. Now the company threatens to be overwhelmed by the next revolution in road traffic.
Uber is partnering with electric vehicle manufacturer Lucid and the Nuro autonomous driving technology startup to launch a robotaxi fleet. Uber announced that they will acquire and operate SUV Lucid Gravity, equipped with Nuro Driver technology in their shared travel network. The company plans to launch the first vehicle in late 2026 in an important yet unidentified American city, with plans to deploy at least 20,000 robotaxis in six years. The …
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