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Barchart
Barchart
Wajeeh Khan

LCID Stock Surges as Lucid Unveils New European Robotaxi Partnership

Lucid (LCID) shares are pushing higher on Sept. 17 after the electric vehicle (EV) company announced a robotaxi partnership with European ride-hailing giant Bolt. Under the terms of this agreement, Bolt will deploy 25,000 autonomous robotaxis across Europe, using LCID’s upcoming mid-size vehicle platform.

Despite today’s rally, Lucid stock is down more than 60% versus the start of this year.

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