Lucid Group shares rise 8.45% intraday after $300M investment from Uber and new brand campaign featuring Timothée Chalamet.

Lucid Group, Inc. surged 8.45% intraday, following a $300 million investment from Uber to support the development of next-generation luxury robotaxis, with plans to deploy over 20,000 Lucid vehicles in the next six years. Additionally, the company launched a new brand campaign featuring Timothée Chalamet to showcase the advanced performance of the Lucid Gravity model, aiming to enhance brand exposure as part of its global brand ambassador program.