Lucid Group Inc. (NASDAQ: LCID) shares are up in Thursday's premarket as traders react to plans to launch a robotaxi service.

Uber will launch its Lucid-Nuro robotaxi service in Houston in mid-2027, its second US market and a fresh challenge to Waymo on the rival's home turf.

Uber, Lucid, and Nuro will launch a robotaxi service in Houston in 2027 as Uber prepares for a much larger global rollout.

The Lucid, Nuro, and Uber partnership is moving fast. Their next stop after California is Texas.

Lucid shares announced a 2027 Houston robotaxi launch with Uber and Nuro, using Gravity SUVs and Level 4 autonomous technology for scalable mobility services.

Lucid Group Inc. (NASDAQ: LCID) shares are up in Thursday's premarket as traders react to plans to launch a robotaxi service.