Lucid Group's stock soared 36% on 17 July, closing at £2.32 ($3.12), following a landmark partnership with Uber and Nuro to deploy 20,000 autonomous robotaxis. This move positions Lucid to challenge Tesla and Waymo in the intensifying robotaxi market.

The new robotaxi program would outfit the Lucid Gravity SUV with Nuro Driver Level 4 autonomous software, deployed on Uber's platform and fleet management systems. Uber said the g

Ride-hailing giant Uber announced Thursday it will acquire $300 million worth of shares in US electric vehicle maker Lucid Motors as part of an ambitious plan to build its own fleet of robotaxis. The emerging autonomous taxi market is gaining momentum,