Uber has announced a multi-million dollar partnership with U.S. electric vehicle maker Lucid and robotics company Nuro. The three companies plan to deploy at least 20,000 robotaxis "in dozens of markets around the world" over the next six years, starting in a major U.S. city in 2026.

Mark Fields, former Ford CEO, joins 'Power Lunch' to discuss Fields' take on Uber's deal with Lucid, how expensive the Lucid driverless taxis are and much more.

Key Takeaways Lucid shares jumped 36% Thursday on news the EV startup is partnering with self-driving software maker Nuro and rideshare giant Uber Technologies to bring a new group of robotaxis to Uber's platform.

A case on Nantucket is just the latest example of the affluent proving F. Scott Fitzgerald’s adage about the very rich: They are different from you and me.

Uber collaborates with Lucid and Nuro to launch a fleet of 20,000 autonomous robotaxis by 2025, aiming to compete with Waymo and Tesla in the US market.

As part of the arrangement, Baidu will introduce thousands of its Apollo Go autonomous vehicles on Uber’s platform in areas outside of China and the United States.

“Our renewed partnership with the GSA will help government agencies simplify their travel and transportation needs,” said Uber President and Chief Operating Officer Andrew Macdonald. “We’re paving the way for a future where integrated mobility, meal delivery, and fleet management can help transform the full range of government services.”