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

The partnership between Lucid, Nuro, and Uber has ambitious goals but some provable track records on autonomy.

Per the terms of the deal, Uber will invest $300 million into Lucid to help the company build a reported 20,000 (or more) vehicles over the next six years. These vehicles will come equipped with autonomous driving software developed by Nuro, another Uber partner.