Electric vehicle maker Lucid Group Inc. saw its stock surge to its best level in over two years after announcing a partnership with ride-hailing giant Uber Technologies Inc. and autonomous-driving company Nuro Inc. on their robotaxi service. The new program, set to launch later next year in a major US city, is expected to drive significant investment from Uber as part of the deal. This strategic move aims to expand Uber’s presence in the rapidly growing electric vehicle market and capitalize on emerging trends in autonomous transportation.
Source: https://www.marketwatch.com/story/this-tesla-rivals-stock-soars-as-uber-plans-big-investment-launch-of-robotaxi-service-4412bcc2