Electric vehicle (EV) maker Lucid Group has secured a $300m investment from Uber Technologies, marking a significant milestone in their collaboration on a next-generation premium worldwide robotaxi programme.
Announced in July, this strategic funding is set to bolster the development of an autonomous robotaxi platform that will be manufactured at Lucid’s facility in Arizona, US, and exclusively operated on the ride-hailing platform of Uber.
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Uber’s plan includes deploying over 20,000 Lucid vehicles within six years as part of the programme.
The robotaxi service is expected to debut in a major US city in 2026.
The service will feature Lucid Gravity’s advanced software-defined vehicle architecture, Nuro Driver Level 4 autonomy system, and Uber’s extensive network and fleet management capabilities, offering a robotaxi experience focused on safety and scalability.
Lucid Gravity’s EV technology platform, known for its redundant electrical and control architectures and impressive range, will be a key component of the robotaxi’s design, making it well-suited for a scalable service.
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By GlobalDataLucid interim CEO Marc Winterhoff said: “Lucid’s innovations and technologies are second to none, and Uber’s investment is just the latest example of a third-party validating our highly advanced technical platform.
“We look forward to further strengthening our close working partnership with Uber in the years to come, and continuing to explore new markets, opportunities and partners that can best leverage Lucid’s leading technology.”
In July, Lucid updated its DreamDrive Pro suite, enhancing its lineup of EVs with new advanced driver assistance features such as hands-free drive assist and hands-free lane change assist.
In May, the company entered a collaboration with King Abdullah University of Science and Technology (KAUST) to utilise KAUST’s supercomputing offerings to progress EV technology and autonomous driving capabilities.
