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'robotaxi'
Uber invests in Lucid and Nuro to build a premium robotaxi service
SUMMARY
Uber is investing hundreds of millions in Lucid and Nuro to develop a premium robotaxi service. They plan to invest $300 million in Lucid and purchase at least 20,000 Gravity SUVs, which will feature Nuro's autonomous technology. The robotaxi service is expected to launch next year in a major U.S. city, with production starting in late 2026.
Additionally, Uber's investment in Nuro is reported to exceed its investment in Lucid. Nuro's co-founder noted that the partnership represents a significant commitment from Uber. Uber has been building collaborations with various autonomous vehicle companies to enhance its offerings in the evolving transport landscape.
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