Lucid Group partners with Uber and Nuro to deploy Gravity EVs as robotaxis, boosting delivery scale and entering the autonomous market. Click for my LCID update.

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.

Tesla’s (TSLA) has been steering the robotaxi narrative for the longest time, but recently a brand new player quietly slid into the frame. Behind the scenes, one luxury EV maker just threw its hat into the race and is ready to challenge the status quo.

Uber already works with players like Waymo, Volkswagen, and Baidu in different markets. The Lucid partnership is set apart by Uber's significant financial investment, a sign that it sees meaningful strategic value.

Tesla (TSLA) reports its second quarter results on Wednesday, July 23. Yahoo Finance Senior Autos Reporter Pras Subramanian shares three things he is watching for. To watch more expert insights and analysis on the latest market action,

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.

Ross Gerber is pushing back against a partnership between rideshare service Uber Technologies Inc. and automaker Lucid Group Inc.

Tesla ( TSLA) and its high-profile CEO Elon Musk can be polarizing. However, the automaker has achieved things that seemed impossible. It not only broke into the highly mature auto industry, it also helped to create the electric vehicle (EV) market. Could buying EV upstart Lucid ( LCID) set investors up for a similar success story?

Lucid, which has always offered an array of driver-assistance features, is now expanding the suite of driver aids on its models with two new hands-free features. Perhaps it’s surprising that a luxury automaker is offering the tech after mass-market brands like Ford, but better late than never, right?

Every day the world is approaching the era of the electric vehicles’ dominance. Primacy still belongs to the American company Tesla, which has become a harbinger of a revolution in the transport industry.