Uber Technologies and Lucid Group team up to deploy 20,000 autonomous SUVs, marking a pivotal moment in AV tech. Click for more on UBER and LCID stock.

Uber will acquire and deploy over 20,000 Lucid Gravity SUVs that will be equipped with autonomous vehicle technology from startup Nuro.

Lucid proposes a 1-for-10 reverse stock split to boost investor appeal. Lucid teams with Uber and Nuro to launch global premium robotaxi service. Live Sunday: Matt Maley’s Volatility Trading Plan for Earnings,

EV maker Lucid is partnering with Uber and self-driving car startup Nuro to deploy thousands of autonomous robotaxis over the next six years.

Lucid received an unexpected lifeline from Uber, which intends to use "20,000 or more" Gravity SUVs as robotaxis in a three-way deal with Nuro. The latter will provide the autonomous driving software and the hardware suite required for driverless operation.