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Ross Gerber is pushing back against a partnership between rideshare service Uber Technologies Inc. and automaker Lucid Group ...
Uber's partnership with Lucid Motors raises questions about its robotaxi strategy amidst fierce competition. Learn more about ...
Key Takeaways Lucid shares jumped 36% Thursday on news the EV startup is partnering with self-driving software maker Nuro and ...
Shares of Lucid Group (LCID) soared 40% on Thursday morning after the EV maker announced that Uber Technologies (UBER) plans ...
The ride-sharing company also announced it’s making separate multi-hundred-million dollar investments in both Lucid and Nuro.
Uber’s innovation in autonomous vehicles, strong brand, and global scale make it a long-term investment with trillion-dollar ...
As part of the arrangement, Baidu will introduce thousands of its Apollo Go autonomous vehicles on Uber’s platform in areas ...
Uber will roll out 20,000 self-driving Lucid Gravity SUVs from 2025 in a $300m investment deal, signalling a major push into ...
Uber's competition Lyft is also making inroads into the ridesharing market, but Certify reports that it has only about a one percent market share among business travelers.
Earnest Analytics reported in February that DoorDash dominated the food delivery market with a 60.7% share. Uber Eats followed at 26.1% and Grubhub at 6.3%. DoorDash denied Uber's accusations in ...
Uber says it hasn’t yet come close to reaching its market potential. “There’s plenty of opportunity for growth,” company spokesman Michael Amodeo told me.
Uber is to start rolling out self-driving taxis next year after striking a deal to take a $300m (£224m) stake in a US ...