Shared from twixb · electrek.co

Lucid names new CEO as it raises over $1 billion and ramps up robotaxi ambitions

electrek.co·Apr 14, 2026

Lucid Motors has announced a new CEO and secured over $1 billion in funding through a public stock offering and increased investments from partners like Uber.

Lucid Motors has secured over $1 billion in new funding, signaling a significant push toward their robotaxi ambitions, with increased investments from partners like Uber. This funding boost could accelerate Lucid’s development and deployment in the competitive autonomous vehicle and robotaxi market, making it a key player to watch for potential strategic partnerships or technology advancements.

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