Uber ups Lucid vehicle order to 35,000 cars and adds $200M investment
Uber has increased its Lucid vehicle purchase commitment to a minimum of 35,000 units and added $200 million in new equity, elevating its Lucid investment to $500 million. The expanded deal supports Uber’s planned robotaxi service using Lucid Gravity models in the San Francisco Bay Area later this year.
1. Expanded Vehicle Agreement
Uber has raised its minimum purchase commitment for Lucid vehicles to 35,000 units, covering the Lucid Gravity and the upcoming midsize platform models priced below $50,000. This secures a large-scale supply pipeline for both consumer and enterprise services and bolsters Uber’s electrification goals.
2. Additional $200M Equity Investment
Uber’s fresh $200 million investment increases its total stake in Lucid to $500 million, forming part of Lucid’s broader $1.05 billion funding haul that includes PIF affiliate commitments and a $300 million stock offering. The capital infusion aims to accelerate Lucid’s software-defined vehicle strategy.
3. Robotaxi Rollout Timeline
The expanded agreement underpins Uber’s planned commercial launch of Lucid Gravity-based robotaxis in the San Francisco Bay Area later this year, following autonomous on-road testing initiated in December 2025 with Nuro. The collaboration targets next-generation mobility with high-capacity, electric autonomous fleets.