MARC WINTERHOFF
Automakers hunt high and low for chips as supply crisis worsensCar makers worldwide are struggling to secure vital computer chips. A ban on exports from China by Dutch firm Nexperia is causing a major s...
Lucid shares jump as it secures $300 million investment from Uber for next-gen robotaxi fleetLucid Group and Uber have finalized a deal. Uber invests $300 million in Lucid. They will develop autonomous robotaxis. Lucid will manufact...
Uber and Lucid team up to launch Robotaxis — 20,000 driverless cars to hit US, set to take on Tesla and Waymo in 2025Uber is making a big move into robotaxis. It is partnering with Lucid and Nuro. The aim is to launch over 20,000 robotaxis. These will be e...
Uber to invest $300 million in EV maker Lucid as part of robotaxi dealShares of Lucid surged more than 56% to $3.58 in trading before the bell after the company also said it had proposed a one-for-ten reverse ...
Elon Musk’s Tesla expected to report sales decline in Q1 report amid fall in vehicle deliveriesTesla is expected to report a drop in vehicle deliveries for Q1, with analysts predicting a decline of up to 12 per cent. The company faces...
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