Uber partners with Nuro, invests $300M in Lucid to launch upscale robotaxi service

Uber is making significant investments to launch a premium robotaxi service by partnering with electric vehicle (EV) maker Lucid and autonomous vehicle (AV) startup Nuro. The ride-hailing company announced a $300 million investment in Lucid, along with a commitment to purchase at least 20,000 of Lucid’s new Gravity SUVs over the next six years. These vehicles will be equipped with Nuro’s autonomous driving technology and operated by Uber or its third-party fleet partners. Uber also plans to invest an undisclosed multi-hundred-million-dollar amount in Nuro, reportedly exceeding its investment in Lucid. The collaboration aims to debut a robotaxi service in a major U.S. city as early as next year. The partnership between Uber, Lucid, and Nuro has been in development for about a year, with joint engineering efforts already underway, including prototype testing on a closed track in Las Vegas. This deal underscores Uber’s aggressive strategy to dominate the autonomous vehicle market, building on its existing