Uber

A new SEC filing reveals that Uber Technologies has become a major shareholder of Lucid Group, holding 37.7 million shares of Class A common stock — an 11.5% ownership stake that makes the ride-hailing giant one of Lucid’s largest investors outside the Saudi Public Investment Fund.

The filing, a Form 3 submitted to the SEC on April 20 with an event date of April 14, confirms that Uber has crossed the 10% ownership threshold after pouring a total of $500 million into the struggling EV maker as part of their expanding robotaxi partnership.

Lucid Motors is peppering the public with press releases this morning, sharing a slew of exciting updates. In addition to naming its next CEO, Lucid has confirmed a new funding raise totaling over 1 billion dollars, consisting of a registered public offering of common stock, plus increased investments from existing partners like Uber.

Level 4 autonomous technology expert Nuro shared the latest milestone of a partnership with Uber Technologies and Lucid Motors to develop a fleet of Gravity Robotaxi SUVs. Per the company, a select group of riders has begun test rides in California.

Six months after transitioning one of its rideshare options to promote more electric rides and offer a grant to riders who switch to an EV, Uber Technologies is expanding the program across the US and adding additional savings.

Rideshare behemoth Uber announced a massive new partnership with Rivian, in which it will invest over one billion dollars in the American automaker to deploy up to 50,000 all-electric robotaxis, beginning with the new R2 SUV.

Zoox and Uber Technologies have announced a strategic partnership to deploy Zoox’s purpose-built robotaxis on Uber’s rideshare network. This use of truly autonomous robotaxis will begin in one of Zoox’s existing footprints and another massive metropolitan area next year.

Six months after Uber announced a new business venture with Lucid Group and Nuro to deploy tens of thousands of self-driving Gravity SUVs, the three companies have unveiled their production-intent robotaxi design. The purpose-built Gravity robotaxi is on display at CES in Las Vegas this week, and we’ve learned on-road testing is already underway. View more in the videos below.

Just over a year after Uber announced a strategic partnership in the Middle East with autonomous vehicle specialist WeRide, the companies have officially begun offering the public robotaxi rides without a driver or safety operator present on board.

Three months after Uber, Lucid Motors, and Nuro announced a partnership that would enable Gravity SUV robotaxis, the rideshare network has shared where the public will first be able to hail one. Spoiler alert, it’s easy to guess if you give it half a thought.

Uber gets it. The rideshare behemoth has observed the upward trend of EV adoption across its database of customers and drivers and is helping to support that transition. Beginning today, the “Uber Green” ride option is now called “Uber Electric,” visible to all app users worldwide. To celebrate the transition, Uber is offering discounted rides for those opting for electric vehicles, and drivers may also qualify for a $4,000 grant.

Less than two weeks after completing its acquisition of aerial mobility business Blade, eVTOL air taxi developer Joby Aviation has expanded an ongoing partnership with Uber, Inc. to bring those flights to the popular rideshare app.

Autonomous driving technology specialist Nuro, Inc. has closed a Series E funding round totaling $203 million. Through its latest successful funding round, the company is now valued at $6 billion, and fresh investor NVIDIA joins existing tech companies like Uber.

Lucid Gravity Robotaxis? Yes, please! Uber Technologies, Lucid Group, and Nuro, Inc. announced an exciting new partnership this morning. The three will combine technologies to deliver the public a premium global robotaxi option on Uber’s platform. We should see the Lucid robotaxis roll out in their first major city next year.

Shortly after announcing a strategic partnership with May Mobility to offer robotaxi rides to customers in the US, Uber has secured a second driverless tech company amid plans to scale the technology to new regions. Following a new partnership with Momenta, Uber will also expand robotaxi rides to Europe.

Uber announced that it will offer self-driving rides powered by May Mobility on its app in Texas later this year.

The ride-hailing platform will have both Waymo and May Mobility on its platform in Texas, while Tesla plans to compete with them all in Austin soon.

VW’s US self-driving arm, Volkswagen ADMT (Autonomous Driving Mobility & Transport), is partnering with Uber to roll out thousands of autonomous ID. Buzz vans across the US over the next decade.

Starting today, the fully autonomous Waymo One ride service is available exclusively to customers in Austin, Texas through the Uber app. Today’s news builds upon Waymo’s existing partnership with Uber and is a milestone in the robotaxi startup’s expansion to new cities around the US.

After getting a hefty $5.6 billion in fresh capital last week, Alphabet’s autonomous driving unit Waymo is now reported to be valued at more than $45 billion.

To promote emissions-free rides in the UK, Uber has teamed up with Lotus to deploy a fleet of the latter’s Eletre Hyper EVs around London. Now through the end of November, London commuters can book a ride in an Eletre by selecting Uber Green in their app. Better yet, the rider who saves the most emissions will win free Uber Green rides for the next ten years.

Uber reports that half its riders in areas where it offers autonomous rides say “no, thank you” to the offer.

It highlights trust issues with self-driving technologies.

Tesla and Uber have launched an in-car integration of ridesharing navigation directly into its Tesla vehicles for Uber drivers.