Key Takeaways Lucid shares jumped 36% Thursday on news the EV startup is partnering with self-driving software maker Nuro and rideshare giant Uber Technologies to bring a new group of robotaxis to Uber's platform.

A pact announced Thursday calls for Uber to invest $300 million in Lucid and buy at least 20,000 robotaxis from the company over six years.

Lucid’s stock zooms to best day in months after Uber becomes the EV maker’s latest backer and the companies hatch a plan to launch robotaxis.

Tesla only recently launched its first robotaxi pilot program in limited parts of Austin, Texas. Uber strikes game-changing deal to unleash 'Tesla killer': 'Next-generation premium global robotaxi program' first appeared on The Cool Down.

Uber has partnered with a number of firms for robotaxi services, but this latest alliance is getting more attention than most.

Tesla expanded the ‘geofence’ for its robotaxi pilot service in Austin, Texas, less than a month after its launch.

Uber Technologies is accelerating its global robotaxi expansion through a landmark multiyear alliance with China's Baidu Inc. This renewed partnership, rekindling ties from a strategic investment over a decade ago,

Uber and Baidu join forces in the self-driving taxi market, combining Uber's network with Baidu's Apollo Go robotaxi fleet that has completed over 11 million rides across 15 cities.