# Lucid drops update trifecta: $1.05B raise, new CEO, and 35k-vehicle Uber robotaxi deal

> Lucid raises $1.05B, names new CEO, and secures 35k-vehicle Uber robotaxi deal.
- Title: Lucid drops update trifecta: $1.05B raise, new CEO, and…
- Summary: Lucid raises $1.05B, names new CEO, and secures 35k-vehicle Uber robotaxi deal. Lucid Group announced a $1.05 billion capital raise, appointed Silvio Napoli…
- Keywords: lucid, uber, robotaxi, capital raise, silvio napoli, seahawks, nfl, cars, technology, climate, drops, update
- Source: EVwire — https://evwire.com/p/lucid-drops-update-trifecta-1b-raise-new-ceo-35k-uber-robotaxi-deal
- Author: Simon Alvarez
- Published: 2026-04-14T16:35:28.515+00:00
- Read time: 1 min
- Topics: lucid, uber, robotaxi, capital raise, silvio napoli, seahawks, nfl, cars, technology, climate
## Lucid update trifecta
Lucid Group announced a $1.05 billion capital raise, new CEO Silvio Napoli, and expanded robotaxi partnership with Uber to 35,000 vehicles globally.
## Funding details
The $1.05 billion includes $300 million public stock offering, $200 million from Uber, and $550 million in convertible preferred stock from Ayar Third Investment Company.
## New CEO Silvio Napoli
Silvio Napoli, former CEO of Schindler Group, joins Lucid as CEO with focus on manufacturing scale, cost discipline, and translating innovations into long-term value.
## Robotaxi partnership expansion
Lucid and Uber scaled robotaxi agreement to at least 35,000 vehicles globally, targeting commercial launch in San Francisco Bay Area later this year.
## CEO transition
Interim CEO Marc Winterhoff transitions to Chief Operating Officer as Silvio Napoli becomes Chief Executive Officer.
## Next steps
Lucid targets commercial launch of robotaxis in San Francisco Bay Area later this year with expanded Uber partnership.
## Key takeaway

Lucid Group announced a $1.05 billion capital raise, appointed Silvio Napoli as CEO, and expanded its robotaxi partnership with Uber to 35,000 vehicles globally.