Lucid announces close of $300M robotaxi program investment from Uber

5 days ago 1

Lucid Group (NASDAQ:LCID) announced on Thursday a $300M investment in the electric vehicles maker from Uber Technologies (NYSE:UBER).

The strategic investment was made as part of the robotaxi program announced in July.

The new robotaxi service is expected to first launch later next year in a major U.S. city.

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