Lucid Group

Acquirer: Uber

Uber has announced plans to roll out a fleet of 20,000 self-driving taxis after striking a landmark £224 million deal with electric vehicle maker Lucid Group. Summary of transaction details: Value: £224 million Sector: Automotive & Mobility Advisor: N/A Key Entities: Uber, Lucid Group Location: Global Note: The deal highlights Uber’s continued strategy of partnering with, rather than building, autonomous vehicle technology in-house—marking a clear departure from the approach under former CEO Travis Kalanick.