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

Uber is investing hundreds of millions of dollars into Lucid and autonomous vehicle technology startup Nuro in a bid to launch its own robotaxi service.

Uber is investing $300 million in Lucid and taking a stake in Nuro to launch 20,000 robotaxis, signaling its return to autonomous driving.