Key Points Lucid claims to have the world's most advanced electric vehicles.Uber will invest $300 million into Lucid.Lucid will use tech provided by Nuro to outfit its vehicles for driverless Uber operations.

Lucid Revs Its Engine Lucid Group (NASDAQ:LCID) saw its stock soar 36% to $3.12 per share following a $300 million partnership with Uber Technologies (NYSE:UBER) and autonomous driving startup Nuro to deploy 20,

Uber already works with players like Waymo, Volkswagen, and Baidu in different markets. The Lucid partnership is set apart by Uber's significant financial investment, a sign that it sees meaningful strategic value.