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The stock's massive declines prompted the recently announced proposal. Then, a huge announcement sent shares soaring.
Per the terms of the deal, Uber will invest $300 million into Lucid to help the company build a reported 20,000 (or more) vehicles over the next six years. These vehicles will come equipped with ...
Lucid Revs Its Engine Lucid Group (NASDAQ:LCID) saw its stock soar 36% to $3.12 per share following a $300 million ...
Key Points Tesla recently launched its robotaxi service in Texas.This could spawn a multitrillion-dollar market.These 10 ...
Lucid Group is down for the year. Headlines for electric vehicle (EV) stocks are being dominated by Tesla's robotaxi launch ...
In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this ...
“Autonomous vehicles have enormous potential to transform our cities for the better,” says Dara Khosrowshahi, CEO of Uber.
Uber Technologies and Lucid Group team up to deploy 20,000 autonomous SUVs, marking a pivotal moment in AV tech. Click for ...
As part of a deepening relationship with each partner, Uber plans to make multi-hundred-million dollar investments in both ...
Uber Technologies Inc. on Thursday unveiled a three-way partnership with an Arizona component to develop a “next generation” ...
Lucid's share price is on the move. Here's what its partnership with Uber and Nuro means for the future of transportation.
Lucid Group partners with Uber and Nuro to deploy Gravity EVs as robotaxis, boosting delivery scale and entering the ...