Lucid Signs Deal to Supply Bolt With 25,000 Robotaxis in Europe
Electric vehicle manufacturer Lucid Group Inc (NASDAQ:LCID) has signed a deal with European ride-hailing platform Bolt to deploy at least 25,000 autonomous vehicles across major European cities. The partnership will utilize Lucid's upcoming midsize platform and Nvidia Corp’s Hyperion architecture for SAE Level 4 autonomy. This collaboration aims to create an integrated network of driverless vehicles tailored to local roads and regulations in Europe. Bolt plans to co-design the vehicles with Lucid, while its Autonomous Driving Solutions unit will own and operate the fleet, including building charging infrastructure and securing city partnerships. CEO Silvio Napoli highlighted that shared autonomous mobility allows Lucid's technology to expand beyond consumer vehicles, leveraging Bolt’s extensive reach across 50+ countries and over 200 million customers. Lucid shares rose by 9% on Thursday afternoon following the announcement.
Topics: autonomous vehicles Bolt Lucid Nvidia robotaxis