Lucid Group surges 9% after securing a deal to supply 25,000 autonomous vehicles to Bolt, leveraging Nvidia's Hyperion technology to expand its footprint into the European robotaxi market.
Lucid shares rose 9% after signing a deal with Bolt to deploy 25,000 autonomous vehicles, marking a major commercial milestone for its midsize platform.
Nvidia's Hyperion autonomous-vehicle architecture was selected for the Lucid-Bolt robotaxi fleet, expanding its design-win pipeline in autonomous mobility.
Lucid Group shares climbed 9% to $4.39 following a strategic partnership with ride-hailing giant Bolt to deploy 25,000 autonomous vehicles across Europe. The fleet will utilize Lucid's upcoming midsize platform integrated with Nvidia's Hyperion architecture to achieve SAE Level 4 autonomous capabilities.
The fleet will combine Lucid's midsize vehicle platform with Nvidia's Hyperion autonomous-vehicle architecture to support SAE Level 4 driverless capabilities.
Bolt will co-design the vehicles and software, and its Autonomous Driving Solutions unit will own and operate the fleet, manage charging infrastructure, and handle city-level regulatory partnerships.