Nuro, Uber and Lucid
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Uber is investing $300 million in Lucid, a spokesperson for the automaker, Nick Twork, confirmed. The investment in Nuro will be “significantly more than that,” Ferguson said, though he declined to share an exact figure. As part of the deal, Uber will take a seat on Nuro’s board of directors.
Uber Technologies, Inc. and Lucid Group, Inc. team up to deploy 20,000 autonomous SUVs, marking a pivotal moment in AV tech. Click for more on UBER and LCID stock.
Uber collaborates with Lucid and Nuro to launch a fleet of 20,000 autonomous robotaxis by 2025, aiming to compete with Waymo and Tesla in the US market.