Lucid Expands Robotaxi Deal, Appoints New CEO

Lucid, the luxury electric vehicle manufacturer, is significantly expanding its robotaxi partnership with Uber. The company announced that Uber will increase its purchase of Lucid Gravity SUVs for its robotaxi fleet from 20,000 to 35,000 units. This expansion follows a previous major deal between the two companies, alongside autonomous delivery startup Nuro. In addition to the expanded deal, Lucid has appointed a new CEO. The incoming leader comes from the elevator and escalator manufacturing industry, signaling a potential shift in the company's strategic focus beyond just electric vehicles.