Bloomberg Intelligence Uber Partnering With Lucid, Nuro to Launch Robotaxis in 2026
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Jul 17, 2025 
George Ferguson, Senior Aerospace, Defense, & Airlines Analyst for Bloomberg Intelligence, shares insights on Uber's innovative partnership with Lucid and Nuro, aiming to launch a fleet of 20,000 robotaxis by 2026. He explores how this strategic move could reshape urban mobility and consumer trust in ridesharing. Additionally, he discusses United Airlines' earnings and operational trends, highlighting the airline's resilience and potential to exceed financial expectations as travel demand returns.
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Uber's Scale Strategy for AVs
- Uber's strategy is to build scale and add services to increase supply across segments, including autonomous vehicles.
- Partnerships and minority investments in Lucid and Nuro hedge against dependency on one autonomous tech provider.
Scale Drives Uber's Market Value
- Uber's dominant market cap reflects its superior scale compared to Lyft, which now holds a tiny fraction of Uber’s value.
- This scale advantage underpins Uber’s growth and ability to integrate new services like delivery and AV supply.
Uber Expands AV Reach
- Uber complements its Waymo partnership by investing in Lucid and Nuro for cities where Waymo doesn't operate.
- This allows Uber to deploy more autonomous vehicles and extend its robotaxi reach.