Deals Counterparts

Uber to buy 20,000 Lucid robotaxis and invest in Lucid and Nuro

Supply Agreement Transport announced San Francisco, US Mar 6, 2026

Uber agreed to buy and deploy 20,000 Lucid vehicles as robotaxis over six years and make multi-hundred-million dollar investments in both Lucid and Nuro.

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Deal Analysis

Uber announced a supply agreement on 2026-03-06 to acquire 20,000 Lucid robotaxis for US deployment over six years. Concurrently, Uber will make multi-hundred-million dollar investments in both Lucid and Nuro.
  • Uber to acquire 20,000 Lucid robotaxis.
  • US deployment over six years.
  • Uber invests multi-hundred-million dollars in Lucid and Nuro.
  • Deal announced 2026-03-06.

Source Intelligence

KEY DETAILS

Uber agreed to make “multi-hundred-million dollar investments” in both Lucid and Nuro. Uber plans to deploy the robotaxi service in San Francisco before the end of this year. The first vehicles are scheduled to go into service by December. The robotaxis are based on the Lucid Gravity electric SUV. Lucid will build the cars, replacing its own driver-assist software with Nuro’s software stack and fitting the cars with Nuro’s suite of sensors for self-driving. The projected volume of 20,000 Lucids is to be deployed over six years.

Location
Uber plans to deploy in San Francisco before the end of this year. Uber is headquartered in San Francisco, while Nuro is less than 40 miles away in Mountain View. Lucid’s headquarters were also in the San Francisco Bay Area, across the Bay in Newark, California.
Announcement
The massive deal was first announced last July.
PARTIES MENTIONED IN SOURCE
U
Uber buyer/investor

"Lucid, Uber, and Nuro agreed that Uber would buy and deploy 20,000 Lucid vehicles as robotaxis over six years. Uber, meanwhile, would make “multi-hundred-million dollar investments” in both companies."

L
Lucid seller/recipient of investment

"Lucid, Uber, and Nuro agreed that Uber would buy and deploy 20,000 Lucid vehicles as robotaxis over six years. Lucid would build the cars... Uber, meanwhile, would make “multi-hundred-million dollar investments” in both companies."

N
Nuro software provider/recipient of investment

"autonomous-vehicle software developer Nuro... replacing its own driver-assist software with Nuro’s software stack, and fitting the cars with Nuro’s suite of sensors for self-driving. Uber, meanwhile, would make “multi-hundred-million dollar investments” in both companies."

high quality Enriched Mar 6, 2026

Timeline

Announced
Mar 6, 2026
Signed
Closed

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