Lucid Surges on Uber's $300 Million Robotaxi Deal
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Key Takeaways Lucid shares jumped 36% Thursday on news the EV startup is partnering with self-driving software maker Nuro and rideshare giant Uber Technologies to bring a new group of robotaxis to Uber's platform.
Lucid's new OTA update adds hands-free driving to Air and Gravity models with DreamDrive Pro, enabling Level 2 hands-free lane changes. The update, available July 30 for Air and 2025 for Gravity, requires drivers to initiate lane changes using the turn signal.
Lucid Group (LCID) stock has faced headwinds, plunging 24% YTD due to EV market slowdown, rising competition, and other challenges.
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