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Posted by
Two Blokes Jul 18 -
Filed in
Stock
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Uber Technologies, Inc.'s partnership with Lucid and Nuro to deploy 20,000 autonomous SUVs marks a major, real-money commitment to AV, not just another hype cycle. Lucid's advanced EV tech is validated by this deal, but its financial struggles and execution risks remain—this is not an instant turnaround. Uber gains strategic control over its AV future, cutting labor costs and owning the customer relationship, making this a meaningful catalyst for the company.
