Particle.news

Download on the App Store

Uber Commits $300 Million to Lucid, Partners with Nuro for 20,000 Robotaxis

Uber will leverage its Lucid equity stake, including a seat on Nuro’s board, to install Level 4 autonomy in Gravity SUVs for a robotaxi launch in late 2026.

Image
Image
Lucid’s Gravity electric SUV is seen in a preview at Lucid’s headquarters in Newark, California, U.S. November 3, 2023.  REUTERS/Abhirup Roy/File Photo

Overview

  • Uber’s finalized investment injects $300 million into Lucid and a larger multi-hundred-million-dollar stake in Nuro.
  • Under the agreement, Uber secures a seat on Nuro’s board while Lucid integrates Nuro’s autonomy hardware into its Gravity assembly line.
  • Nuro is completing safety validation across dozens of test categories and running Level 4 prototypes at its Las Vegas proving grounds.
  • Production of the modified Lucid Gravity SUVs is slated to begin in late 2026 with an initial rollout in a major U.S. city.
  • Over a six-year span through 2032, Uber aims to acquire and operate at least 20,000 Nuro-equipped robotaxis exclusively via its app.