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Uber Finalizes $300M Investment in Lucid and Nuro to Deploy 20,000 Robotaxis

After securing board representation, a $300 million equity stake, a prototype under test in Las Vegas, the partners plan a late-2026 launch of autonomous Lucid SUVs on Uber’s app.

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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
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Overview

  • Uber has committed $300 million to Lucid and a larger, undisclosed sum to Nuro to underwrite its next-generation robotaxi program.
  • As part of the agreement, Uber will take a seat on Nuro’s board and integrate Nuro’s Level 4 autonomy system into Lucid Gravity SUVs.
  • A prototype Lucid Gravity robotaxi equipped with Nuro Driver is already undergoing closed-circuit autonomous testing at Nuro’s Las Vegas proving grounds.
  • Production of modified Lucid Gravity SUVs is scheduled to begin in late 2026, with initial deployment slated for a major U.S. city.
  • Uber and third-party fleet partners will own and operate more than 20,000 autonomous SUVs exclusively through the Uber app over the next six years.