
Uber to invest hundreds of millions of dollars in Lucid and Nuro in massive robotaxi deal
Andrew J. Hawkins
created: July 17, 2025, 12:30 p.m. | updated: July 17, 2025, 2:36 p.m.
Uber plans to make “multi-hundred-million dollar investments” in both Nuro and Lucid as part of a massive new robotaxi deal that was just announced.
As part of the deal, Uber will take a seat on Nuro’s board of directors.
Uber’s decision to pour hundreds of millions of dollars in both companies underscores its desire to become a clearinghouse for both electric and autonomous vehicles of all stripes.
The ridehail company has said it wants to use its size and scale to aid in the proliferation of autonomous vehicles across the world.
In choosing the sumptuously designed Gravity as its robotaxi platform, Uber will likely price this particular service in the upper tier like Uber Black.
1 month, 1 week ago: The Verge