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Lucid rises after teaming up with Europe's Bolt on robotaxi deal

BUZZ-Lucid rises after teaming up with Europe's Bolt on robotaxi deal 

** Shares of EV maker Lucid Group LCID.O rise 6.2% to $4.26 after announcing robotaxi deal with European mobility platform Bolt

** Bolt plans to deploy 25,000 self-driving Lucid vehicles on roads across major European cities

** Companies will develop vehicles that can drive themselves in certain areas and conditions without a driver

** Bolt will build the systems, fleet operations and city partnerships needed for the launch

** Lucid has a US robotaxi partnership with Uber UBER.N and autonomous-driving firm Nuro

** Lucid shares down nearly 60% so far this year


(Reporting by Darshan Kumar in Bengaluru)

((darshan.kumar@thomsonreuters.com))

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