Lucid Group is trading 10.77% up at $4.47 after announcing a partnership with Bolt to develop and deploy at least 25,000 autonomous vehicles across Europe.
- Reuters reported the vehicles will use Lucid’s upcoming Midsize platform and NVIDIA’s Hyperion architecture, with Bolt operating the fleet.
- Broader risk-on sentiment, including a stronger Nasdaq, is providing additional support.
- The agreement’s timeline and investment details remain undisclosed.