Lucid Revs Its Engine Lucid Group (NASDAQ:LCID) saw its stock soar 36% to $3.12 per share following a $300 million partnership with Uber Technologies (NYSE:UBER) and autonomous driving startup Nuro to deploy 20,

Uber announced a partnership to deploy 20,00 or more robotaxis in a deal with Nuro and Lucid on Thursday. The companies are working together to equip Lucid electric vehicles with Nuro's autonomy driver system.

Uber will invest $300 million in electric vehicle maker Lucid in a robotaxi deal that aims to start with one major U.S. city late next year, the companies said on Thursday.