US stocks are in turmoil | Lucid (LCID.US) partners with Uber to launch a fleet of self-driving taxis, causing a surge of over 37% in its stock price.

According to the Wise Finance APP, on Thursday, Lucid (LCID.US) surged over 37%, hitting a new high in nearly 5 months at $3.17 per share. In terms of news, Uber (UBER.US) is collaborating with electric car manufacturer Lucid and autonomous driving technology startup Nuro to jointly launch a fleet of robot taxis. Uber announced on Thursday that it will purchase Lucid's Gravity SUV equipped with Nuro's autonomous driving system and put it into operation, with plans to first deploy in a major city in the United States in the second half of 2026, and deploy at least 20,000 self-driving taxis within the next six years. Uber also disclosed that it will invest hundreds of millions of dollars in each of its two partners, with $300 million allocated to support Lucid's upgrade of its production line to integrate Nuro's hardware devices.