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Uber to invest hundreds of millions of dollars in Lucid and Nuro in massive robotaxi deal
Uber is ravenous for robotaxi deals.
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. Donald Trump’s tariffs, as well as his administration’s move to eliminate Biden-era EV incentives, have put enormous pressure on the auto industry. Lucid’s workers will install the various sensors and hardware on the Gravity assembly line, after which it’ll be updated with Nuro’s software and commissioned by Uber.
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