Lucid secures a major investment from Uber.
Lucid Motors is one of the most ambitious players in the highly competitive arena of electric vehicle manufacturers, offering bold innovations and cutting-edge engineering and technology for its vehicles to offer leading driving range and performance potential. Since introducing itself as a manufacturer with the Air luxury electric sedan, Lucid has since launched a new model, its first SUV, the Gravity, which combines the luxury and groundbreaking innovations of the Air with the practicality and versatility of an SUV.
Now, Lucid has reached a major milestone as a manufacturer, closing a significant $300 million investment from Uber, after previously announcing said investment in July. The investment is part of a new premium global robotaxi program, which is set to use Lucid’s EV platform while operating exclusively on Uber’s rideshare platform. The program is expected to launch next year in a major US city, taking advantage of the capabilities of the Nuro Driver™ Level 4 autonomy system. Uber plans to deploy upwards of 20,000 Lucid vehicles across six years.
With a growing, high-tech, and boldly innovative lineup of electric vehicles, including the range of the Air sedan and the new Gravity SUV, Lucid Motors is one of the most captivating pioneers in the electric vehicle space. With a new major investment and partnership with Uber, that innovation is going to play a large role in daily life in major cities soon, and become accessible to more people than ever as Lucid aims to revolutionize the mobility industry.
