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Lucid jumps 10% on 25,000-vehicle Bolt robotaxi deal for Europe, boosting EV sector optimism.

Market News
17 Sep 2026
24/7 Wall Street
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Bullish
Lucid jumps 10% on 25,000-vehicle Bolt robotaxi deal for Europe, boosting EV sector optimism.

Lucid's stock surged 10% after announcing a partnership with Bolt to deploy at least 25,000 autonomous vehicles across European cities. This deal positions Lucid as a potential supplier of autonomous platforms, not just a luxury EV maker, and lifts related stocks like Rivian by 5%. However, the agreement lacks disclosed investment terms and a launch timeline, meaning it adds volume but no immediate cash flow. Investors should watch for updates on production schedules and funding to assess Lucid's financial outlook amid its significant year-to-date losses.

As of Sep 17, 2026 22:02 WIB, Lucid Group Inc (LCID) shares are trading at USD 4.43 on Pluang, up 9.65% for the day with a market cap of $1.59 billion. Rivian Automotive (RIVN) is also up 4.76%, priced at USD 15.96 with a market cap of $22.05 billion. Both stocks show strong buying interest on Pluang, with 100% of order activity on the buy side for each. The most notable figure is Lucid's nearly 10% gain reflecting the day's momentum.

More News (LCID)

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