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

The move is the result of a three-way partnership between Lucid, Nuro, and Uber for a next-generation autonomous robotaxi. It’s expected to be launched next year in a major US city, although the companies were hesitant to say which one.

With the ability to cover up to 450 miles on a single charge, the Gravity SUV is expected to function well as a robotaxi, since it will need less downtime for recharging. This way, vehicles will be available for riders more often. Tesla ’s own Model Y is being used as the brand’s robotaxi, but that has nowhere near the range of the Lucid Gravity.