Nuro, Uber and Lucid
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The autonomous vehicle sector was rocked this week when Lucid Group ( LCID) announced a three-way partnership with Uber Technologies ( NYSE: UBER) and privately held Nuro to deploy at least 20,000 Lucid Gravity SUVs equipped with Nuro's L4 autonomous technology on the Uber (NYSE: UBER) network over the next six years.
Lucid Revs Its Engine Lucid Group (NASDAQ:LCID) saw its stock soar 36% to $3.12 per share following a $300 million partnership with Uber Technologies (NYSE:UBER) and autonomous driving startup Nuro to deploy 20,
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EV maker Lucid is partnering with Uber and self-driving car startup Nuro to deploy thousands of autonomous robotaxis over the next six years.
Lucid received an unexpected lifeline from Uber, which intends to use "20,000 or more" Gravity SUVs as robotaxis in a three-way deal with Nuro. The latter will provide the autonomous driving software and the hardware suite required for driverless operation.
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