Uber plans to deploy 20,000 or more Lucid electric SUVs equipped with the Nuro Driver autonomous system in over a dozen global cities. Nuro's Nuro Driver is a Level 4 self-driving system trained on and powered by Nvidia's artificial intelligence (AI) technology.

Lucid's share price is on the move. Here's what its partnership with Uber and Nuro means for the future of transportation.

Uber will invest $300 million in electric vehicle maker Lucid in a robotaxi deal that aims to start with one major U.S. city late next year, the companies said on Thursday.