lucid

Lucid Motors raises another $1 billion from Saudi Arabia as it searches for luxury EV buyers

Lucid Motors is raising another $1 billion from its biggest financial backer, Saudi Arabia, as it looks to blunt the high costs associated with building and selling its luxury electric sedan. The comp

Lucid CFO bounces after Gravity SUV debut

Lucid chief financial officer Sherry House is leaving to "pursue other opportunities" just days after the automaker fell off the Nasdaq-100 index.

LA Auto Show: The tech, EVs and cars that got our attention

The 2023 Los Angeles Auto Show is a wrap — for press, anyway. That means it’s time to recap the big launches, strange details, cars on display and peculiar absences we noticed this year. The h

The all-electric Lucid Gravity SUV finally makes its debut with 440 miles of range

EV maker Lucid took the long-awaited wraps off the Gravity, an all-electric three-row SUV with a range that could hypothetically leave a Tesla Model X, Fisker Ocean or Rivian R1S stuck behind at a cha

Lucid revises 2023 production amid softening demand for luxury EVs

Lucid has revised its 2023 production outlook amid softening demand for luxury electric vehicles, the company said Tuesday in its third-quarter earnings report. The EV maker said it will produce 8,000

Lucid adopts Tesla’s charging standard

Lucid has reached an agreement that will give owners of its luxury EVs access to Tesla’s network of superchargers — following the path of Ford, GM and the majority of automakers that sell EVs

Luxury EV maker Lucid misses the mark on deliveries

Lucid said Tuesday it delivered 1,457 of its luxury all-electric Air sedans in the third quarter, missing Wall Street expectations by about 500 vehicles. Perhaps more troubling is the year-over-year c

Lucid stock falls as sales miss expectations

Lucid’s future was already cloudy, but lately the EV startup’s name is practically a misnomer.  On Wednesday, Lucid told investors that it delivered 1,404 of its Air sedans during the sec

EV maker Lucid misses on revenue, earnings in Q1

Lucid’s first-quarter results showed a company with widening losses and revenue that failed to meet Wall Street expectations, results that sent shares tumbling as investors worried about demand

Lucid Air Touring review: Some reservations

The battle for market share in the luxury EV sector is heating up, leaving customers with more choice than ever before. That’s great news for consumers and a pressure cooker for EV makers hoping

Lyft hails new leadership, layoffs come for Lucid, and Waymo retires its self-driving minivan

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Sub

Lucid shares pop after exceeding EV production goal

Lucid Group eked out a small win in 2022. The EV automaker said Thursday it produced 7,180 of its luxury Air sedans in 2022, exceeding its previously lowered guidance for the year. Lucid adjusted its

Lucid wants a slice of China’s crowded EV market

Lucid Motors, the publicly traded electric carmaker, is poised to enter China as it starts hiring in the world’s largest EV market. The California-based auto company is recruiting a dozen positi

Nikola, Lucid latest EV SPACs trying to raise cash

Two EV manufacturers are seeking cash infusions this week to bring their delayed vehicles to market. Nikola, a Phoenix-based electric truck maker, said in a securities filing Tuesday that it plans to

Lucid launches new EV performance brand with a three-motor $249,000 sedan

Lucid Group, the publicly traded EV manufacturer, has launched a new high-performance luxury brand called Sapphire that pushes the bounds of performance and price. As part of the public debut, which o

GM is latest to join the race to streamline EV charging

General Motors said Wednesday it will join a growing list of automakers focused on streamlining the EV charging process by equipping its models with “Plug and Charge” capability — aka th

Lucid recalls all of its 2022 Air EVs due to wiring issues

Despite already struggling to meet production targets, luxury EV maker Lucid has now issued a recall for the Air due to potential issues stemming from the car's wiring harness.

Lucid Group’s customer reservations top 17,000 since end of third quarter

Lucid Group completed its first quarter as a public company with a booming stock price and customer deliveries underway, as it seeks to grab the top spot in the burgeoning luxury EV market. The compan

First drive of the Lucid Air reveals power and panache

While cruising along Interstate 8 in the Lucid Air, it didn’t take long for the conversation to turn to spider graphs. Spider graphs offer a quick glimpse of how various factors like power, perf

Lucid Motors’ EV factory starts to take shape

Four months after breaking ground, the Lucid Motors factory in Arizona sits  — its new roof and sign emblazoned on its side— waiting for construction to resume. The electric vehicle company relea
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