Uber, Lucid and robotaxi
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Investor's Business Daily on MSNUber Strikes Robotaxi Deal With Tesla Competitor. But Uber Stock Falls.Uber stock is lower for a seventh straight day despite announcing a plan to launch a new robotaxi service with Lucid, Nuro.
As part of the deal, Uber is locking in at least 20,000 Lucid Gravity SUVs equipped with Nuro’s Level 4 autonomy. Uber plans to own and operate this fleet itself through its app, essentially building a driverless ride-hailing service from the ground up. A pilot rollout is expected as early as late 2026, starting in a major U.S. city.
Baidus shares surged after announcing a strategic partnership with Uber to roll out autonomous robotaxis worldwide. On Baidu Inc. (HK:9888) rose as much as 4% to HK$92.10 in Hong Kong before settling
Uber Technologies Inc. and Baidu Inc. plan to launch robotaxis on the ride-sharing platform in several markets outside of the US and mainland China through a multiyear partnership.
Uber has partnered with Chinese technology company Baidu to launch self-driving robotaxis in several international markets. The agreement
Uber has partnered with a number of firms for robotaxi services, but this latest alliance is getting more attention than most.
Baidu and Uber are teaming up to deploy thousands of the Chinese company's autonomous vehicles across global markets on the ride-hailing app's platform. The companies said Tuesday that the partnership will increase the supply of affordable and reliable ridesharing options by bringing Baidu's robotaxi unit onto Uber's network.
Uber said Tuesday that it partnered with Baidu to launch thousands of Apollo Go robotaxis in cities outside of the U.S. and mainland China. The first robotaxis under the partnership are expected to launch in Asia and the Middle East later this year.