Lucid's share price is on the move. Here's what its partnership with Uber and Nuro means for the future of transportation.

Lucid, Nuro and Uber have announced a next-generation global premium robotaxi programme developed exclusively for Uber's ride-hailing platform. Uber is

Uber Technologies Inc. is teaming up with electric vehicle maker Lucid Group Inc. and self-driving tech startup Nuro to launch a robotaxi fleet.

More than four years after selling its self-driving vehicle division, Uber is pouring hundreds of millions into Lucid to launch its own robotaxis.

Uber has announced a multi-million dollar partnership with U.S. electric vehicle maker Lucid and robotics company Nuro. The three companies plan to deploy at least 20,000 robotaxis "in dozens of markets around the world" over the next six years, starting in a major U.S. city in 2026.

Uber is investing hundreds of millions of dollars into Lucid and autonomous vehicle technology startup Nuro in a bid to launch its own robotaxi service.

Uber Technologies and Lucid Group team up to deploy 20,000 autonomous SUVs, marking a pivotal moment in AV tech. Click for more on UBER and LCID stock.

Uber already works with players like Waymo, Volkswagen, and Baidu in different markets. The Lucid partnership is set apart by Uber's significant financial investment, a sign that it sees meaningful strategic value.

Under the new deal, Uber said it will be making "multi-hundred-million-dollar investments" in both Lucid and Nuro. Uber already has partnerships with 18 autonomous vehicle compani

Lucid Group partners with Uber and Nuro to deploy Gravity EVs as robotaxis, boosting delivery scale and entering the autonomous market. Click for my LCID update.

Lucid Group ( LCID -2.08%) stock had its largest intraday gain ever yesterday. Shares of the luxury electric vehicle (EV) maker gained as much as 45% before closing about 36% higher in Thursday trading. But investors are rethinking that move today.