Uber has announced a multi-million dollar partnership with U.S. electric vehicle maker Lucid and robotics company Nuro. The three companies plan to deploy at least 20,000 robotaxis "in dozens of markets around the world" over the next six years, starting in a major U.S. city in 2026.

Shares of Lucid Motors (LCID) surged 42% on Thursday following the announcement of a groundbreaking partnership with ride-hailing giant Uber and autonomous technology firm Nuro. The trio unveiled plans for a global robotaxi program that will deploy fully autonomous,

Lucid’s stock zooms to best day in months after Uber becomes the EV maker’s latest backer and the companies hatch a plan to launch robotaxis.