Uber announced a partnership with Lucid and Nuro to integrate 20,000 self-driving Lucid electric vehicles into its ride-sharing platform over the next six years. The robotaxis, using Nuro's autonomous driving software, will initially launch in a major US city late next year. This significant investment by Uber aims to expand its autonomous vehicle offerings and compete in the growing robotaxi market, although analysts raised concerns about potential risks and scalability challenges. Lucid's stock surged following the announcement.

Prepared by Christopher Adams and reviewed by editorial team.