#Uber
Latest EV news tagged #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.

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.

Rivian Partners With YouTuber Mark Rober’s CrunchLabs
The partnership will span digital content, live events and nationwide retail activations over the coming year.

Lucid Trims Workforce by 12 Percent and Keeps Robotaxi Strategy Intact
The move comes as the company continues scaling production of the Lucid Gravity SUV.

Chevy Equinox EV Scores Below Segment Average in J.D. Power 2026 Study
New data from J.D. Power shows the Chevrolet Equinox EV trailing much of its competition in owner satisfaction.

Why Lucid Gravity Was Chosen as the Foundation for Uber’s Robotaxi
Lucid unveiled a production-intent autonomous vehicle based on the Gravity SUV at CES 2026, developed in partnership with Nuro and slated for use exclusively on Uber’s platform.

Lucid Stock Surges on Wednesday After Cantor Fitzgerald Sees Over 110% Upside
The note eased investor concerns around Lucid’s long-term funding outlook and pointed to potential upside of more than 110% from recent lows.