Uber, Lucid & Nuro Join Forces to Launch 20,000 Robotaxis by 2026
Uber Technologies has unveiled a game-changing partnership with Lucid Group, an electric vehicle manufacturer, and Nuro, an autonomous driving startup. The ambitious plan involves deploying a minimum of 20,000 robotaxis within the coming six years. As part of this strategic alliance, Uber will be investing a whopping $300 million in Lucid.
The forthcoming robotaxi fleet will be powered by Lucid Gravity SUVs, which will be equipped with Nuro’s Level 4 autonomous driving technology. The first batch of these futuristic vehicles is slated for a grand launch in a major U.S. city by the end of 2026. Following this announcement, Lucid’s stock witnessed a dramatic surge of 31%, marking its largest leap in over two years.
This partnership propels Uber into a more competitive position in the autonomous vehicle market, where it will face off against rivals such as Waymo and Tesla. The Lucid Gravity’s impressive 450-mile range is strategically designed to minimize downtime for charging, thereby maximizing vehicle availability for the robotaxi service. Prototype testing is already in progress at Nuro’s Las Vegas proving grounds.
Source: CNBC