Lucid Group ( ($LCID) ) has risen by 33.92%. Read on to learn why. Lucid Group, a luxury electric vehicle manufacturer, saw its stock price surge

Uber has announced a multi-million dollar partnership with U.S. electric vehicle maker Lucid and robotics company Nuro. The three companies plan to deploy at least 20,000 robotaxis "in dozens of markets around the world" over the next six years, starting in a major U.S. city in 2026.

Uber will roll out 20,000 self-driving Lucid Gravity SUVs from 2025 in a $300m investment deal, signalling a major push into autonomous ride-hailing in the US and beyond.