Uber will invest $300 million in Lucid Motors to launch a fleet of robotaxis starting in 2026, using Lucid Gravity SUVs.
Gabriel Dumitrache
International
Marek Antoni Iwanczuk / Zuma Press / Profimedia
Always see our news on Google
Uber has announced a $300 million investment in Lucid Motors to develop a fleet of robotaxi taxis, which will debut in 2026 in a major US city. The project involves the purchase of more than 20,000 Lucid Gravity SUVs equipped with autonomous driving technology from startup Nuro. The initiative marks Uber's return to autonomous vehicles, after it ditched its in-house division in 2020. Lucid shares rose 26% following the announcement, although they are down 24% since the start of the year.
Sources
Latest News
16:09
Irinel Ionel Scrioșteanu announces the installation of the last element of the bridge over the Siret on the Braila-Galati Expressway, which will be opened to traffic by the end of the year.
15:59
An exceptional Van Cleef & Arpels necklace, valued at millions of euros, was stolen from the Museum of Applied Arts in Vienna.
15:55
The Swedish army will participate in the protection of Finland's territory with Gripen aircraft at least until the end of the year.
15:55
Prosecutor Radu George Bucurică has been suspended from office by the Superior Council of Magistracy.
15:33
Donald Trump's war against Iran has caused a financial crisis in the American navy.
See more news
NEWS ON THE SAME TOPICS
International
Tesla has announced the expansion of its unmanned robotaxi service in the Austin metropolitan area, Texas.
International
The Dutch Data Protection Authority fined Uber 825 million euros for disabling drivers' accounts without proper notification.
International
Uber announces restructuring in the recruitment and human resources teams to increase operational efficiency
IT&C knowledge
London will introduce driverless cars in the summer, through a robotaxi service developed by Wayve.
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
