Lucid to Receive New Investments from the PIF and Uber; Uber and Lucid Expand Robotaxi Partnership to at least 35,000 Vehicles

Ayar Third Investment Company, an affiliate of the Public Investment Fund, to purchase $550 million of Lucid's convertible preferred stock Uber to increase total investment in Lucid to $500 million with an additional commitment of $200 million Lucid and Uber expand commitments to global...