Lucid rises after teaming up with Europe's Bolt on robotaxi deal - LCID News | RalliesLucid rises after teaming up with Europe's Bolt on robotaxi deal
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LCID• Lucid announces robotaxi deal with Bolt
- Shares of EV maker Lucid Group rise 6.2% to $4.26 after announcing a robotaxi deal with European mobility platform Bolt.
- Bolt plans to deploy 25,000 self-driving Lucid vehicles on roads across major European cities.
- The companies will develop vehicles that can drive themselves in certain areas and conditions without a driver.
- Bolt will build the systems, fleet operations and city partnerships needed for the launch.
- Lucid has a U.S. robotaxi partnership with Uber and autonomous-driving firm Nuro.
- Lucid shares are down nearly 60% so far this year.
