# Lucid Group is securing fresh funding from Uber Technologies (UBER) and an affiliate of Saudi Arabia’s Public Investment Fund.

*robotics · news · 2026-04-18 · Barchart*

## Key points

- Lucid secured new funding from Uber and Saudi-backed Ayar totaling $1.05 billion.
- Lucid expanded its robotaxi deal with Uber to at least 35,000 vehicles.
- The Lucid-Nuro-Uber robotaxi program will commercially launch this year in the San Francisco Bay Area.
- Lucid guided for 2026 production of up to 27,000 vehicles, emphasizing continued expansion.
- Analysts forecast Lucid's net loss per share to improve by 24.9% in 2026 and 35.9% in 2027.

**Companies:** Uber Technologies, Lucid Group
**Countries:** United States, Saudi Arabia

[Read the full story on Barchart](https://www.barchart.com/story/news/1383493/35-000-reasons-to-hold-lucid-motors-stock-now)

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