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Benzinga
Benzinga
Business
Erica Kollmann

Lucid Scores Big With Uber Deal--But For Uber, It's Just Another Ride

Lucid,Gravity,Electric,Suv,At,The,Geneva,International,Motor,Show.

Uber Technologies, Inc. (NYSE:UBER) just made a multi-billion dollar bet on Lucid Motors Group, Inc. (NASDAQ:LCID) and Wall Street is buzzing about the deal. 

The companies aim to deploy over 20,000 Lucid robotaxis onto Uber's ride-hailing platform over the next six years and is set to kick off next year in a major U.S. city. 

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