Uber Technologies and Lucid Group team up to deploy 20,000 autonomous SUVs, marking a pivotal moment in AV tech. Click for more on UBER and LCID stock.

Uber already works with players like Waymo, Volkswagen, and Baidu in different markets. The Lucid partnership is set apart by Uber's significant financial investment, a sign that it sees meaningful strategic value.

Lucid (LCID) shares are up more than 40% at the time of writing after Uber Technologies (UBER) said it will invest $300 million in the EV maker as part of a broader robotaxi agreement signed today. Uber will also invest in Nuro,

Uber will roll out 20,000 self-driving Lucid Gravity SUVs from 2025 in a $300m investment deal, signalling a major push into autonomous ride-hailing in the US and beyond.

Uber Technologies UBER signed a deal with China’s internet giant Baidu BIDU as part of its efforts to tap into the rapidly evolving autonomous delivery space. Through the deal, China’s company aims to launch its driverless cars on the ride-hailing app,