Tag

Nuro

All articles tagged with #nuro

Lucid Stock Rises as Morgan Stanley Highlights Uber Partnership and Robotaxi Expansion

Originally Published 5 months ago — by TipRanks

Featured image for Lucid Stock Rises as Morgan Stanley Highlights Uber Partnership and Robotaxi Expansion
Source: TipRanks

Lucid Group's stock surged over 36% after announcing a partnership with Uber and Nuro to deploy 20,000 Gravity SUVs with self-driving tech, signaling a strategic move into AI-enabled autonomy. Morgan Stanley maintains a hold rating with a $3.00 target, viewing the deal as a potential catalyst for future growth in autonomous driving and AI partnerships, despite cautious overall sentiment. The company is expected to report a narrower Q2 loss and increased revenue, with investors keen on updates regarding Gravity production and partnership impacts.

Uber's Stock Surges as It Partners with Lucid on Autonomous Robotaxis

Originally Published 5 months ago — by Investor's Business Daily

Featured image for Uber's Stock Surges as It Partners with Lucid on Autonomous Robotaxis
Source: Investor's Business Daily

Uber announced a multi-hundred-million dollar investment in Lucid and Nuro to develop a robotaxi service, deploying over 20,000 Lucid electric vehicles with Nuro's self-driving system in a major U.S. city next year. Despite the deal, Uber's stock fell, reflecting concerns about its competitive position and execution risks, while Lucid's stock soared.

Uber Partners with Lucid and Nuro for Next-Gen Autonomous Robotaxi Fleet

Originally Published 5 months ago — by Lucid Motors

Lucid Motors, Nuro, and Uber are partnering to develop a next-generation autonomous robotaxi program, aiming to deploy over 20,000 Lucid vehicles equipped with Nuro's Level 4 self-driving system globally within six years, starting with a launch in a major US city next year, leveraging advanced vehicle architecture, safety, and scalability.

Uber, Lucid, and Nuro Launch Next-Gen Autonomous Robotaxi Service

Originally Published 5 months ago — by Uber Investor Relations

Featured image for Uber, Lucid, and Nuro Launch Next-Gen Autonomous Robotaxi Service
Source: Uber Investor Relations

Uber, Lucid, and Nuro are partnering to launch a next-generation autonomous robotaxi service, starting in a major US city next year, with plans to deploy over 20,000 Lucid vehicles equipped with Nuro's Level 4 autonomous system globally over six years, aiming to transform urban mobility with a focus on safety, comfort, and scalability.

Uber invests in Lucid and Nuro to develop a premium autonomous robotaxi fleet

Originally Published 5 months ago — by TechCrunch

Featured image for Uber invests in Lucid and Nuro to develop a premium autonomous robotaxi fleet
Source: TechCrunch

Uber is investing over $300 million in Lucid and a significant amount in Nuro to develop a premium robotaxi service using autonomous Lucid Gravity SUVs equipped with Nuro's self-driving system, aiming to launch in a major U.S. city next year, with production expected to start in late 2026.