"Lucid Motors also said Thursday that it is near an agreement with Uber to collaborate on a robotaxi based on one of the mid-size vehicles Lucid has in the pipeline. Lucid Motors is currently working with autonomous vehicle company Nuro to make an autonomous version of the Gravity SUV that will launch on Uber's network by the end of this year in the San Francisco area."
"It's a two-seater vehicle with no steering wheel or pedals, designed to be built on the same underlying platform that Lucid Motors is developing for its upcoming "mid-size" series of electric vehicles, the company said."
"The announcements came near the end of Lucid's investor day, but show that the company is increasingly focused on trying to build up a business around autonomy that can supplement its electric vehicle sales. At one point during the presentation, Lucid Motors displayed a bar chart that showed how it expects robotaxi partnership revenue to greatly eclipse the money it makes from licensing its electric vehicle tech."
Lucid Motors introduced the Lucid Lunar, a two-seater robotaxi concept vehicle built on the same platform as its upcoming mid-size electric vehicles. The vehicle features no steering wheel or pedals and represents the company's strategic shift toward autonomous vehicle services. While interim CEO Marc Winterhoff indicated Lucid is working on the Lunar, the company clarified that dedicated development has not yet begun. Lucid is pursuing a robotaxi partnership with Uber and collaborating with autonomous vehicle company Nuro to create an autonomous version of the Gravity SUV launching on Uber's network in San Francisco by year-end. The company projects robotaxi partnership revenue will significantly exceed licensing revenue from its electric vehicle technology. Additionally, Lucid plans to offer tiered monthly subscriptions for its DreamDrive Pro partial autonomy system starting in the first half of 2027, ranging from $69 to $199 monthly.
Read at TechCrunch
Unable to calculate read time
Collection
[
|
...
]