Uber Invests $300 Million in Lucid Motors to Build Robotaxi Fleet

Uber has invested $300 million in Lucid Motors as part of its plan to build a fleet of robotaxis. The investment represents approximately 3% of Lucid's total capitalization. The deal includes a commitment to purchase 20,000 autonomous vehicles from Lucid over six years. These vehicles will be developed specifically for Uber's platform and will be deployed in a major American city by the end of 2026.

Uber has invested $300 million in Lucid Motors to build a fleet of robotaxis. The investment, which represents approximately 3% of Lucid's total capitalization, is part of a broader plan to deploy 20,000 autonomous vehicles over the next six years. These vehicles, developed specifically for Uber's platform, are set to be deployed in a major American city by the end of 2026.

The partnership between Uber, Lucid Motors, and Nuro, a robotics company, aims to leverage Lucid's electric vehicle technology and Nuro's autonomous driving capabilities. Uber will use its vast global network and dynamic fleet management to deliver a fully integrated robotaxi experience.

According to Dara Khosrowshahi, CEO of Uber, the partnership is designed to safely bring the magic of autonomous driving to more people across the world. Marc Winterhoff, Interim CEO at Lucid, noted that the investment validates Lucid's platform and range as ideal for autonomous vehicles and ridesharing.

Nuro, which has spent nearly a decade building an AI-first autonomy system, will lead the development and validation of the robotaxi's safety case. The first Lucid-Nuro robotaxi prototype is already operating autonomously on a closed circuit at Nuro’s Las Vegas proving grounds.

This partnership is significant for Lucid, as it provides a new revenue stream beyond selling luxury cars to individual buyers. It also offers Lucid exposure to Uber’s massive user base and further tech validation from Nuro.

References:
[1] https://news.dealershipguy.com/p/uber-partners-with-lucid-motors-nuro-to-deploy-20-000-robotaxis-2025-07-18
[2] https://lucidmotors.com/stories/lucid-nuro-uber-partner
[3] https://investor.uber.com/news-events/news/press-release-details/2025/Lucid-Nuro-and-Uber-Partner-on-Next-Generation-Autonomous-Robotaxi-Program/default.aspx