The EV startup Lucid aims to focus more resources on its Robotaxi partnership with Uber, Nuro, and the Hertz affiliate Oro.

Lucid's new CEO Silvio Napoli listed four must-win priorities, including the successful launch of its midsize EV, finishing a factory in Saudi Arabia, cutting expenses, and…

Lucid unveiled a $1.4bn cost-cutting plan alongside a $1.26bn quarterly loss, pinning its turnaround on a robotaxi programme with Uber and Nuro.