#Uber

Uber Takes 11.5% Stake in Lucid to Power Robotaxi Expansion

The investment, totaling over 37.75 million shares, adds to Uber’s growing financial and operational commitment to Lucid.

Lucid Reduces Cash Consumption 30% in the Third Quarter of 2026 and Expands Its PIF Credit Line by $1.75 Billion

Lucid reported third-quarter revenue of $350 million and said it cut free cash flow consumption by 30% from the prior quarter, to $1.04 billion. Lucid also said its delayed-draw loan facility with the Public Investment Fund of Saudi Arabia was increased by $1.75 billion, taking pro forma liquidity to $3.75 billion.

Rivian R2 Becomes Best-Selling Model as Automaker Raises Delivery Outlook

Rivian’s R2 has already become the company’s best-selling vehicle by volume, overtaking the R1T, R1S and electric delivery van during the third quarter. The milestone comes just months after customer deliveries began and has prompted the automaker to raise the baseline of its 2026 delivery forecast as it prepares for a larger production ramp.

Nuro CEO Defends LiDAR as Lucid-Uber Robotaxi Program Nears Launch

Nuro Co-Founder and Co-Chief Executive Officer Jiajun Zhu has outlined the engineering case for multi-sensor autonomy as Nuro, Lucid and Uber prepare to launch commercial robotaxi service in the San Francisco Bay Area later this year. In a set of four internal strategy memos shared publicly on Tuesday, October 27, Jiajun Zhu explained why the autonomous Lucid Gravity fleet pairs solid-state LiDAR and radar with cameras.

Rivian Acquires Third Dimension AI to Speed Up Autonomy Testing and Validation

Rivian has purchased Third Dimension AI, a two-year-old software firm headed by a former Tesla Autopilot simulation leader that converts recorded road-sensor data into interactive 3D driving worlds. Financial terms were not disclosed, and the startup’s 15-member staff, located primarily in the United Kingdom, will fold into the autonomy and AI division under Senior Vice President James Philbin.

Lucid Begins Building Gravity GT-S Units, Says Shipments Will Start Soon

The update comes as Lucid’s website continues to list the model as available in late 2026, without a formally announced production start or first delivery date.

14 Rivian R2s Grounded Over High-Voltage Battery Fastener Checks

Rivian confirmed the number of affected vehicles in a September 28 update, while service-side information indicates the inspections are focused on how battery packs were assembled.

3 Reasons Rivian Could Be Better Positioned for Its Next Growth Phase: Motley Fool

Three factors highlighted in a recent Motley Fool analysis are Rivian’s liquidity, its relatively limited shareholder dilution and its progress toward gross profitability. Together, they provide context for the company’s ability to fund operations while scaling its business.

Lucid and Bolt Plan 25,000-Unit Robotaxi Fleet for Europe

The vehicles will be based on Lucid’s upcoming Midsize platform and designed for SAE Level 4 autonomous driving, with Bolt planning to own and operate the fleet.

Lucid Is a Penny Stock Again, But LCID Is Still Not a Buy: Barchart

The stock remains far above its July low, when shares briefly plunged to $2.37 amid the bankruptcy speculation, but much of the recovery has since disappeared. Lucid rejected those rumors, and the company continues to have substantial liquidity. Still, investors have plenty of reasons to remain cautious.

Lucid’s $1.4 Billion Turnaround Plan Faces a Tough Test as Stock Hits 52-Week Low

Lucid shares closed at $4.55 on Sept. 1, down 42% from the $7.78 closing price on Aug. 4, the day before Napoli’s operational reset was announced. The decline came as the broader market remained comparatively stable, making the move largely company-specific.

RJ Scaringe Explains Why Rivian Isn’t Trying to Be the Next Tesla

Speaking at the Aspen Ideas Festival, Scaringe reflected on Rivian’s 17-year journey, the upcoming R2 SUV, and the long-term vision he believes will define the company.

Lucid Suspends Forecast After Revenue Miss and Gravity Delivery Disruption

The company said the problem has been resolved, with orders and deliveries rebounding in March as production and demand trends improved.

Rivian Reveals New R2 Variants as CEO Teases Expanded EV Lineup

The automaker plans to start deliveries around June, with analysts emphasizing that a successful launch is critical to expanding Rivian’s reach beyond its premium lineup.

Uber Adds Hertz to Robotaxi Push with Lucid and Nuro

The collaboration highlights how autonomous mobility is evolving into a multi-company ecosystem, with each partner handling a specific layer of the service.

Rivian Boosts Georgia EV Plant Capacity to 300,000 Units

The move underscores the company’s long-term growth ambitions as it prepares to launch higher-volume vehicles and expand domestic manufacturing.

Lucid Marketing Chief Exits Amid Leadership Shakeup

The exit comes less than a year after Lucid restructured its marketing organization and as it ramps toward production of its upcoming mid-size model.

Rivian Starts R2 Production Ahead of Spring Deliveries

Customer deliveries are expected later this spring, as the company positions the R2 to compete directly with mainstream EVs and expand beyond its premium R1 lineup.

Rivian Beats Q1 Delivery Estimates as EV Demand Stabilizes

The company delivered 10,365 vehicles in Q1, outperforming forecasts and reinforcing confidence ahead of its upcoming R2 launch.

JPMorgan Backs Rivian Uber Deal But Flags Financial Risks

The deal includes a major investment and plans to deploy tens of thousands of autonomous vehicles, positioning Rivian to expand beyond traditional vehicle sales.