The U.S. EV industry faced challenges in 2025 with the withdrawal of the $7,500 tax credit and auto tariffs. Lucid Group stock plummeted 65% as it shifted focus to robotaxis. Despite a 55% rise in deliveries, Lucid struggled with losses and cash burn, relying on the Saudi Public Investment Fund for funding.

Lucid Motors, with a market cap below $4 billion, has been buoyed by partnerships with Aston Martin and Uber. The latter will purchase 20,000 Lucid cars for its robotaxi fleet, integrating Nuro’s autonomous driving system. This move could increase visibility for Lucid’s vehicles and boost its volumes significantly.

While Lucid’s robotaxi play may not be as comprehensive as Tesla’s, the Uber partnership offers valuable exposure. With Uber’s robotaxi launch posing an existential threat to the industry, Lucid Motors investors should monitor the service’s expansion closely. The collaboration could provide the marketing boost needed to elevate Lucid’s brand visibility and increase its volumes.

Read more at Yahoo Finance: LCID Stock Crashed Last Year, But Will Robotaxis Save the Day for Lucid in 2026?