Uber, Lucid and Robotaxi
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Mark Fields, former Ford CEO, joins 'Power Lunch' to discuss Fields' take on Uber's deal with Lucid, how expensive the Lucid driverless taxis are and much more.
Lucid’s stock zooms to best day in months after Uber becomes the EV maker’s latest backer and the companies hatch a plan to launch robotaxis.
Baidu is the latest addition to Uber's growing list of autonomous vehicle partners, which includes Waymo, Volkswagen, May Mobility, and Pony AI.
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.
A case on Nantucket is just the latest example of the affluent proving F. Scott Fitzgerald’s adage about the very rich: They are different from you and me.
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Uber collaborates with Lucid and Nuro to launch a fleet of 20,000 autonomous robotaxis by 2025, aiming to compete with Waymo and Tesla in the US market.
As part of the arrangement, Baidu will introduce thousands of its Apollo Go autonomous vehicles on Uber’s platform in areas outside of China and the United States.