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    ITNewspapersThe Telegraph

    Uber to invest $300 million in electric vehicle maker Lucid as part of robotaxi deal

    Binu Mathew
    By Binu MathewJuly 18, 2025

    Uber will invest $300 million in electric vehicle maker Lucid in a robotaxi deal that aims to start with one major U.S. city late next year, the companies said on Thursday.

    Over six years starting in 2026, Uber will acquire and deploy over 20,000 Lucid Gravity SUVs that will be equipped with autonomous vehicle (AV) technology from startup Nuro, the three companies said in a statement.

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