Lucid Group announced a partnership with Uber and Nuro to launch a robotaxi service in Houston by mid-2027, following a planned launch in the San Francisco Bay Area. The service will use Lucid's electric SUVs equipped with Nuro's Level 4 autonomous technology, with rides booked through the Uber app. This initiative aims to leverage each company's expertise to create a scalable autonomous ride service, supporting Uber's goal of building a multi-partner autonomous mobility network. Lucid's stock showed modest premarket gains amid this news, though it faces challenges maintaining momentum in the competitive EV market.
Uber plans to introduce a premium robotaxi service in Houston by mid-2027, following its upcoming launch in San Francisco. This service is part of Uber's partnership with EV maker Lucid and autonomous vehicle startup Nuro, aiming to expand robotaxi o...
Lucid delivered 5,345 vehicles in Q4 2025, a 72% increase year-over-year, yet its stock trades at just $5.20, down over 50% this year. The company faces challenges including securities lawsuits, a missed Q1 revenue target, and accelerating cash burn ...
