08:51 AM EDT, 07/17/2025 (MT Newswires) -- Lucid Group ( LCID ) shares were up sharply premarket Thursday after the company said it is partnering with Uber Technologies ( UBER ) to deploy robotaxis equipped with Nuro Driver autonomous technology, with a first launch planned in a major US city in 2026.

Uber ( UBER ) aims to deploy 20,000 or more Lucid vehicles equipped with Nuro Driver over a 6-year period in dozens of markets around the world, the companies said.

Uber ( UBER ) said it plans to make "multi-hundred-million dollar investments" in Nuro and Lucid.

LCID and UBER ( UBER ) shares were up 47% and 1%, respectively, in recent premarket activity.