2026-04-16 09:03:59
Saudi PIF Invests $550M in Lucid as Uber Commits $200M More to Robotaxi Partnership
Saudi Arabia's PIF invests $550 million in Lucid, while Uber adds $200 million, aiming for a robotaxi launch in 2026. Lucid produces vehicles, Nuro supplies tech, and Uber handles operations, marking a strategic shift from Tesla's model.