Human taxi drivers are not coming to a city near you. Alphabet’s Waymo announced on Monday evening that it will launch robotaxi service in Dallas in a partnership with rental car giant Avis.
Avis will manage Waymo’s fleet, taking care of charging and maintenance, and the companies say they have plans to expand to more cities in the near future.
The partnership champions women athletes and tests how far Kim K’s star power can stretch in the women’s activewear arena.
One down, a minimum of 19,999 to go.
In a Wednesday morning post on X featuring some of the most royalty-free music you’ve ever heard, Lucid announced it’s delivered its first Gravity SUV earmarked for service as an Uber robotaxi next year. Shares of the company climbed 3%.
The vehicle is now with autonomous driving company Nuro, which will add software and test the SUV for road readiness.
The 20,000-vehicle agreement over six years is a hefty order for Lucid, which expects to build between 18,000 and 20,000 vehicles this year.
Lucid stock could also be seeing a boost from a price target hike by Cantor Fitzgerald on Wednesday, to $26 from $20. (Remember, though, that before a 1-for-10 reverse stock split at the beginning of this month, Cantor’s target had been the equivalent of $30.)
Lucid shares have now risen more than 40% from their all-time closing low of a split-adjusted $16.16 on September 4.
