Uber Technologies Inc. is teaming up with electric vehicle maker Lucid Group Inc. and self-driving tech startup Nuro to launch a robotaxi fleet.

Baidus shares surged after announcing a strategic partnership with Uber to roll out autonomous robotaxis worldwide. On Baidu Inc. (HK:9888) rose as much as 4% to HK$92.10 in Hong Kong before settling

The robotaxi service is expected to launch in late 2026 in an unnamed "major US city," and Uber said that a prototype of an operational autonomous Lucid-Nuro vehicle is currently being tested on a closed circuit at a Nuro facility in Las Vegas.