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Wall Street is hanging near its records following some better-than-expected updates on the economy and a mixed set of profit ...
Elon Musk’s EV maker may get left in the dust by rivals in the emerging market for driverless taxis if it doesn’t get its act ...
Uber has dived into the robotaxi market, partnering with Lucid and Nuro to launch a next-gen autonomous service. The ...
Uber plans to deploy 20,000 or more Lucid electric SUVs equipped with the Nuro Driver autonomous system in over a dozen ...
Key Points Lucid claims to have the world's most advanced electric vehicles.Uber will invest $300 million into Lucid.Lucid ...
OPERS, short for Ohio Public Employees Retirement System, added major positions in Palantir Technologies and MicroStrategy ...
Although Level 4 passenger vehicles are not coming to market anytime soon, Level 4 is real and works in ride-hailing ...
While Tesla and Waymo continue to dominate the robotaxi conversation, Lucid enters the fray with a $300 million joint venture with Uber and Nuro.
Tesla faced declining Cybertruck demand and sluggish U.S. sales, while Uber made bold moves into autonomous driving.
Uber invests in Lucid and Nuro to counter Tesla and Waymo's robotaxi dominance. Check out UBER's strategic shift, $7B ...
Essentially, Lucid will consolidate its shares, and investors will receive one new share for every 10 of the old shares, and ...
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 ...