Lucid and Uber expand robotaxi deal to 35,000 vehicles

Lucid Group has secured US$750m in new investment commitments and expanded its robotaxi partnership with Uber to at least 35,000 vehicles, spanning both the Lucid Gravity and the forthcoming Midsize platform. Uber has committed an additional US$200m, raising its total investment in Lucid to US$500m, while Ayar Third Investment Company, an affiliate of Saudi Arabia’s Public Investment Fund (PIF), will purchase US$550m in convertible preferred stock.

The expanded vehicle commitment builds on the robotaxi partnership announced between Lucid, autonomous technology firm Nuro and Uber in July 2025. Autonomous on-road testing began in December 2025 under Nuro’s lead, with all test vehicles delivered by February 2026. Commercial launch in the San Francisco Bay Area is targeted for later in 2026, using the Lucid Gravity.

Lucid’s Midsize platform, priced from under US$50,000, is positioned as the primary vehicle for fleet-scale robotaxi deployment. The company says the platform will offer comparable range to competitors from a smaller battery pack, with best-in-class interior space and fast-charging capability intended to improve fleet unit economics.

Dara Khosrowshahi, Chief Executive, Uber, said: “That strong execution keeps us on track to deepen our investment and increase the number of vehicles we plan to deploy, while Lucid’s future Midsize platform creates an even clearer path to stronger unit economics.”

Source: Lucid