Uber Invests $700M in Lucid,Nuro Robotaxi Program

Uber is making a significant push into the autonomous vehicle market through a strategic partnership with electric vehicle manufacturer Lucid and self-driving technology startup Nuro. The collaboration aims to launch a premium robotaxi service, initially expected to debut next year in a major U.S. city, with plans to deploy at least 20,000 Lucid Gravity SUVs equipped with Nuro's Level 4 autonomous driving system over six years. Uber has invested $300 million in Lucid and an estimated $400 million in Nuro, reflecting the company's substantial commitment to advancing robotaxi technology. This partnership combines Lucid's software-defined vehicle architecture, Nuro's autonomous driving capabilities, and Uber's global ride-hailing network to deliver a fully integrated and scalable robotaxi experience focused on safety and comfort. The move underscores Uber's broader ambition to capture a major share of the autonomous vehicle space, building on its numerous collaborations across delivery, robotaxis, and autonomous trucks. Meanwhile, Lucid's and Uber's investments highlight the growing convergence of EV manufacturing and autonomous driving technology in reshaping future transportation.