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.

Uber already works with players like Waymo, Volkswagen, and Baidu in different markets. The Lucid partnership is set apart by Uber's significant financial investment, a sign that it sees meaningful strategic value.

The autonomous vehicle sector got a jolt on Thursday when Lucid Group (NASDAQ:LCID) announced a three-way partnership with Uber Technologies (NYSE:UBER) and privately held Nuro to deploy at least 20,000 Lucid Gravity SUVs equipped with Nuro's L4 autonomous technology on the Uber (NYSE:UBER) network over the next six years.

Uber needs a grown-up, and Fields is that. Mark Fields, former CEO of Ford ... pursuing deals with Google and several smaller digital companies.

Ross Gerber is pushing back against a partnership between rideshare service Uber Technologies Inc. and automaker Lucid Group Inc.

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Uber, Lucid and autonomous vehicle startup Nuro are joining forces to deploy more than 20,000 robotaxis as demand for driverless cars kicks into high gear.