Uber Invests $300M in Lucid to Spark Robotaxi Rollout

Lucid, Nuro, and Uber team up in a $300 million deal to unleash a new wave of autonomous EVs on U.S. roads starting in 2026

Editorial Team (ET)July 18, 2025

Uber is injecting $300 million into Lucid Motors as part of a high-stakes robotaxi collaboration. The ride-hailing giant is partnering with Lucid and autonomous tech firm Nuro to unleash a fleet of over 20,000 self-driving Lucid Gravity SUVs, signaling its full-throttle return to the driverless race after years on the sidelines.

This isn’t just another tech partnership. It’s a major play that pits Uber against industry titans like Tesla, Alphabet’s Waymo, and Amazon’s Zoox in a new phase of the robotaxi war. Beginning in 2026, Lucid's futuristic Gravity SUVs will hit the streets of a major U.S. city, armed with Nuro’s self-driving systems and fully integrated into Uber’s platform. The companies didn’t disclose the first launch city, but all eyes are on Las Vegas or Los Angeles, both AV hotspots.

Lucid’s stock surged more than 56 percent in pre-market trading, a reaction not just to the Uber partnership but also to the company’s proposed one-for-ten reverse stock split. Investors are reading this move as Lucid getting serious about its long-term viability, shedding some of the baggage that’s weighed on the EV start-up in recent months. A reverse split could help keep Lucid’s listing compliant with Nasdaq requirements, while the Uber deal gives it a much-needed narrative of scale and relevance.

Uber Lucid Group

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