Uber, Lucid and robotaxi
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Uber is investing hundreds of millions of dollars into Lucid and autonomous vehicle technology startup Nuro in a bid to launch its own robotaxi service.
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,
Lucid Group is down for the year. Headlines for electric vehicle (EV) stocks are being dominated by Tesla's robotaxi launch in Austin, Texas. Lucid Group (NASDAQ: LCID), meanwhile, had quietly lost nearly 25% of its value in 2025 before bouncing back this week on news of a deal with Uber.
With the ability to cover up to 450 miles on a single charge, the Gravity SUV is expected to function well as a robotaxi, since it will need less downtime for recharging. This way, vehicles will be available for riders more often. Tesla ’s own Model Y is being used as the brand’s robotaxi, but that has nowhere near the range of the Lucid Gravity.
Ross Gerber is pushing back against a partnership between rideshare service Uber Technologies Inc. and automaker Lucid Group Inc.
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Lucid's new OTA update adds hands-free driving to Air and Gravity models with DreamDrive Pro, enabling Level 2 hands-free lane changes. The update, available July 30 for Air and 2025 for Gravity, requires drivers to initiate lane changes using the turn signal.