Lucid Partners with Bolt to Deploy Autonomous Mobility Services in Europe
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
Lucid Group, Inc. announced a strategic partnership with Bolt, a leading European shared mobility platform, to develop and deploy autonomous mobility services across Europe. The collaboration focuses on building upon Lucid Group's software-defined vehicle platform and Bolt's European data and operating infrastructure. Under the agreement, the companies will work on an SAE Level 4 autonomous driving system-ready vehicle platform, with Bolt aiming to deploy at least 25,000 fully autonomous vehicles in Europe.
Why it matters
The partnership represents a major strategic step for Lucid into the autonomous mobility market in Europe. The companies plan to collaborate from the product-development phase on the initiative. The financial details regarding the partnership were not disclosed.
From yahoo.com
Who's involved
- LucidLucid Group, Inc. is partnering to develop autonomous mobility services using its Midsize platform.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- LucidSpeculative
Lucid could see increased demand for its technology platform as it enters the autonomous mobility market.