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Lucid Gravity Robotaxis? Yes, please! Uber Technologies, Lucid Group, and Nuro, Inc. announced an exciting new partnership this morning. The three will combine technologies to deliver the public a premium global robotaxi option on Uber’s platform. We should see the Lucid robotaxis roll out in their first major city next year.

Each of the three companies involved in today’s agreement announcement has carved its own path in the advanced mobility industry using exciting new forms of technology. If you’re a reader at Electrek, Lucid Motors should be ingrained in your brain as a leader in EV efficiency, which only now appears to be starting to hit a stride in scaling production with recently resumed deliveries of its second flagship model, the Gravity SUV.

Nuro, Inc. is a robotics company that has made huge strides in Level 4 autonomous vehicles. While Nuro focuses more on zero-occupant delivery vehicles, its AI-enabled Nuro Driver system has continued to evolve and expand, especially through Nuro’s partnership with Uber Eats.

Lastly, Uber Technologies is a household name in the rideshare business. It consistently adapts its services to provide its users with safe and time-saving mobility options, from rides to deliveries and even bike rentals. Uber has established numerous partnerships with OEMs and technology leaders worldwide, and now adds Lucid Group to its Rolodex.

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Uber Lucid
Source: Lucid Group

Uber to invest $300 million in Lucid, through agreement

Uber Technologies appears to be adapting the strategy of partnering with just about anyone in the tech industry with viable AI and/or autonomous driving technology. Earlier this year, the rideshare specialist announced partnerships with May Mobility in Texas and Momenta in Europe to enable driverless robotaxi rides in certain regions.

With Nuro already an established partner in the last-mile delivery side of its business, there is perhaps no bigger name for a new partnership right now than Lucid Group. Lucid shared details of its new three-way partnership early this morning, sharing plans to combine its Lucid Gravity BEVs with the proven scalable Nuro Driver autonomy system across Uber’s existing global network of service and fleet management capabilities to offer the public an entirely new “fully-integrated robotaxi experience.”

As part of the agreement, Uber has agreed to invest $300 million in Lucid Group and a hefty amount in Nuro, the amount of which is unknown at this time. In return, Uber intends to deploy 20,000 (or more) Lucid vehicles equipped with the Nuro Driver Level 4 autonomous system over the next six years.

These robotaxi vehicles, which will be entirely Lucid Gravity SUVs to begin with, will be operated and maintained by Uber and its third-party partner and available exclusively on the Uber app. Uber CEO Dara Khosrowshahi elaborated:

Autonomous vehicles have enormous potential to transform our cities for the better. We’re thrilled to partner with Nuro and Lucid on this new robotaxi program, purpose-built just for the Uber platform, to safely bring the magic of autonomous driving to more people across the world.

According to the companies, the first Nuro Driver-equipped Lucid Gravity prototype is already completing fully autonomous operations on a closed circuit at Nuro’s proving grounds in Las Vegas. You can see it in action in the video below.

We asked Lucid if the Uber robotaxi fleet will also include Air sedans. We were told it will be Gravity SUVs to start, with the option to “consider future vehicles” (ahem, Mid-Size) as they become available. Uber said the 20,000 planned Lucid robotaxis will roll out in dozens of global markets over the next six years, beginning in a major US city in 2026.

Based on the locations of these three companies and the current cities that allow fully autonomous robotaxi rides, we’d expect the Lucid Gravity fleet to begin operations in San Francisco, Las Vegas, or Austin, but that is merely an educated guess. No company has confirmed such plans yet. For now, you can enjoy the following video of the Level 4 autonomous Gravity in action.

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Trump targets solar and wind with tighter federal permitting in another blow to renewable industry

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Trump targets solar and wind with tighter federal permitting in another blow to renewable industry

Doug Burgum, U.S. Secretary of the Interior speaks during the Pennsylvania Energy And Innovation Summit 2025 at Carnegie Mellon University in Pittsburgh on July 15, 2025

David A. Grogan | CNBC

Solar and wind projects that need federal permitting will face even closer scrutiny by the Trump administration, with Interior Secretary Doug Burgum now making the final decision on whether they proceed on U.S.-owned lands.

Burgum will now have “final review” of leases, rights-of-way, construction plans and every other aspect of the Interior Department’s federal permitting process for wind and solar projects, according to an internal memo published by the department on Thursday.

The Interior Department said in a statement that it is “levelling the playing field” for coal and natural gas “after years of assault” by Biden administration. The renewable industry’s main lobby group the American Clean Power Association said the action amounted to politically motivated obstruction.

“The Interior Department adds three new layers of needless process and unprecedented political review to the construction of domestic energy projects,” ACP CEO Jason Grumet said in a statement.

“This isn’t oversight. It’s obstruction that will needlessly harm the fastest growing sources of electric power,” Grumet said.

Interior is adding bureaucracy and red tape that will slow electricity production growth at a time when demand is rising from artificial intelligence data centers, said Stephanie Bosh, a spokesperson at the Solar Energy Industries Association.

“It is deeply unfortunate that this administration’s energy policy continues to favor specific technologies rather than advance true American energy dominance,” Bosh said in a statement.

Interior’s action is the latest blow delivered to the renewable energy industry by the Trump administration and Republicans in Congress. President Donald Trump’s One Big Beautiful Bill Act terminates key tax incentives that have supported the growth of wind and solar projects in the U.S.

Trump issued an executive order shortly after the legislation passed that called for Interior “to eliminate preferential treatment for wind and solar facilities compared to reliable, dispatchable energy sources,” a reference to coal, natural gas and nuclear power.

About 5% of solar projects and 1% of wind projects are located on federal land, according to ACP.

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Lucid (LCID) shares surged +50%, so why did it announce a major reverse stock split?

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Lucid (LCID) shares surged +50%, so why did it announce a major reverse stock split?

Lucid Motors’ (LCID) shares soared over 50% after the company secured a multi-hundred-million dollar investment from Uber to deploy robotaxis. So, why did Lucid just announce plans for a reverse stock split?

Why did Lucid announce a reverse stock split?

Lucid and Uber announced a new alliance on Thursday to deploy 20,000 electric robotaxis over the next six years.

The new robotaxi service, set to launch next year, will combine Lucid’s advanced software-defined EV platform with Nuro’s Level 4 self-driving tech.

As part of the new alliance, Uber plans to make “multi-hundred-million-dollar investments” in Lucid and Nuro. The first autonomous prototype is already in operation on a closed track at Nuro’s facility in Las Vegas.

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Lucid’s interim CEO, Marc Winterhoff, said, “This investment from Uber further validates Lucid’s fully redundant zonal architecture and highly capable platform as ideal for autonomous vehicles.” Winteroff claimed that the new alliance “is the start of our path to extend our innovation and technology leadership into this multi-trillion-dollar market.”

Lucid-Uber-EV-robotaxi
Lucid Gravity SUV fitted with Nuro’s self-driving tech (Source: Lucid)

The Lucid Gravity boasts an impressive EPA-estimated range of 450 miles. Its electric sedan, the Lucid Air, just broke a Guinness World Record after traveling 749 miles (1,205 km) on a single charge.

Lucid’s partnership with Uber sent share prices surging over 50% during trading hours on Thursday. In a separate filing with the SEC today, Lucid announced plans to initiate a 1-for-10 reverse stock split.

Lucid-reverse-stock-split
Lucid Air (left) and Gravity (right) Source: Lucid

The split won’t affect shareholder ownership, except in cases where fractional shares are created. In that case, shareholders will receive a cash payment.

Lucid said it believes the reverse stock split “will allow the company’s common stock to be more attractive to a broader range of investors and other market participants.”

Lucid-stock-uber-robotaxi
Lucid Gravity Grand Touring in Aurora Green (Source: Lucid)

A vote of confidence

During an interview with Bloomberg on Thursday, Winterhoff explained that a portion of the $300 million investment from Uber will be used to develop the self-driving tech with Nuro. Winterhoff added that Lucid’s surging share price was “a vote of confidence.”

According to Winterhoff, the reverse stock split is not due to Lucid’s fear of being delisted, but rather to attract larger investors.

It was also more of a “technical” strategy to reduce volatility and help Lucid participate in the broader stock market.

Lucid-reverse-stock-split
Lucid Gravity and Air models (Source: Lucid)

Many institutional investors avoid stocks priced below $5 due to the higher risk and price swings. The proposed stock split still requires shareholder approval, which will be voted on at an upcoming special stockholders’ meeting.

After that, Lucid’s Board of Directors will determine whether it’s still in the best interest of the company and its stockholders to proceed.

Lucid’s stock rose over 36% on Thursday, closing at $3.12 per share. Although shares of LCID are up just slightly (+2%), they are now up year-to-date. However, they are still down 18% over the past year and nearly 95% from their all-time high of over $58 a share in February 2021.

Lucid-reverse-stock-split
Lucid Group (LCID) stock chart July 2024 through July 2025 (Source: TradingView)

Last week, after meeting with Lucid’s CFO, Taoufiq Boussaid, Benchmark analyst Mickey Legg set a target share price of $5.00, which was subsequently raised to $7.00 following the announcement of the Uber partnership.

Legg wrote a note to investors, “After meeting with LCID’s CFO Taoufiq Boussaid on Tuesday and reviewing 2Q production and deliveries, we remain confident in the company’s path to scale.”

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Lucid midsize electric SUV teaser image (Source: Lucid)

Lucid delivered a record 3,309 vehicles in Q2, its seventh straight quarter with higher deliveries. The company aims to produce 20,000 vehicles this year, more than double the roughly 9,000 it made in 2024.

After ending the first quarter with $5.76 billion in liquidity, Lucid said that it has sufficient funding to last until the second half of 2026, when it plans to launch its more affordable midsize EV platform. The first two models will be a midsize SUV and sedan, starting at about $50,000.

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Wawa is getting ultra-fast EV chargers from IONNA

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Wawa is getting ultra-fast EV chargers from IONNA

IONNA, the EV charging joint venture backed by eight automakers – BMW, General Motors, Honda, Hyundai, Kia, Mercedes-Benz, Stellantis, and Toyota – just announced its biggest charging deal yet. It’s teaming up with convenience store favorite Wawa to roll out ultra-fast EV chargers at locations across the US.

The first site opens next week at Wawa’s W. International Speedway in Daytona Beach, Florida. More Rechargeries (yup, that’s what IONNA calls them) are already under construction in Bradenton, Pensacola, and Orlando. The partnership will be a big boost to both IONNA’s national charging goals and Wawa’s growing EV infrastructure.

The Daytona Beach Wawa will feature IONNA’s blue-and-orange 400kW Genuine Charge Dispensers, canopy coverage, car care essentials, and, of course, access to Wawa’s refreshments and restrooms.

“Next week’s opening of the IONNA Rechargery at Wawa in Daytona Beach will bring our total bay count to 212 live and 3,064 contracted. That is over 10% contracted to our 2030 live bay goal in just over a year,” said IONNA CEO Seth Cutler.

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Wawa’s chief fuel officer, Rich Makin, added, “With an ongoing commitment to providing our customers with speed and convenience, our new collaboration with IONNA does just that.”

IONNA aims to install 30,000 fast charging bays across North America by 2030.

Read more: Waffle House is getting DC fast chargers – and it’s a genius move


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