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Benzinga
Benzinga
Business
Dylan Berman

Lucid Stock Is Trading Higher Thursday: What's Going On?

Uber Lucid NURO LCID
Lucid

Lucid Group, Inc. (NASDAQ:LCID) shares are trading higher Thursday after the company, along wither Uber and Nuro, announced a global robotaxi program developed for the Uber (NYSE:UBER) ride-hailing platform.

What To Know: The companies unveiled a next-generation premium robotaxi service built on the Lucid Gravity SUV, powered by Nuro's Level 4 autonomy system, and deployed through the Uber platform. The service is set to launch in a major U.S. city next year, with plans to scale to 20,000 or more autonomous vehicles across dozens of global markets over six years.

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