Lucid Motors

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

Lucid Motors slashes EV production targets again as supply chain problems persist

EV automaker Lucid Motors slashed its annual production guidance in half on Wednesday due to what CEO and CTO Peter Rawlinson described as “extraordinary supply chain and logistics challenges.&#

Lucid partners with Bank of America to launch Lucid Financial Services

Lucid Group, which makes long-range, fast-charging luxury EVs, said on Tuesday it is joining with Bank of America to provide customer financing as one way to stand out in the crowded segment.

Lucid is raising prices on its luxury Air EV by as much as 13%

Lucid Group is the latest automaker to up the price of its electric vehicles. The company announced Thursday alongside its first-quarter earnings report that it was raising prices of the variants of i

Dallas County police add Tesla Model 3s to their fleet

Dallas County is the latest to tap EVs for law enforcement, adding three Tesla Model 3s to its police fleet. Local, state and federal governments worldwide have begun adding battery-electric models to

Hype, hope and money: Your guide to all the EV SPAC investigations going on

If 2020 and 2021 were the years of the SPAC, 2022 is shaping up to be the year of the reprimand.

Why EV startups should’ve hit the brakes before merging with a SPAC

The blank-check boom that made real many electric vehicle manufacturers' dreams of going public may be nearing a close.

Lucid launches a faster, more expensive version of its flagship EV

Lucid Motors announced Tuesday a high-performance companion to its long-awaited Lucid Air luxury sedan: a 1,050-horsepower grand tourer with a 446-mile range. The $179,000 Lucid Air Grand Touring Perf

LG Energy increases battery production in the US with $1.4B investment

South Korea’s LG Energy Solution, which supplies electric vehicle batteries to Tesla, Lucid Motors, General Motors and Proterra, said on Thursday it is investing $1.4 billion (1.7 trillion KRW) to b

BYD, Lucid are latest EV makers to adopt Nvidia’s self-driving toolkit

Nvidia has added two electric vehicle makers to its portfolio of automotive companies adopting its Drive Hyperion platform, a compute and sensor toolkit that powers automated driving capabilities in e

Lucid rolls back production goals even as demand for luxury EV rises

Earnings season rolled along today with notes from Lucid Motors’ fourth-quarter results. The company, like other electric vehicle (EV) companies, is nascent in revenue terms, albeit further along th

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

Workato storms to a $5.7B valuation after raising $200M for its enterprise automation platform

The race to automate the world of business is on, and today one of the bigger players in the market has picked up another major round of funding to meet that demand to speed up work, reduce some of th

Lucid Air snags the longest range EV title, surpassing Tesla

Lucid Group, the all-electric automaker slated to go public this year, said Thursday that one variant of its upcoming luxury Air sedan has an EPA range of more than 520 miles. The official rating of t

Lucid Motors kicks off market debut with EV factory expansion plans

The former Lucid Motors will expand its factory in Casa Grande, Arizona, by 2.7 million square feet and aims to ultimately produce 400,000 vehicles a year.

Lucid Motors’ SPAC merger approved after executives issue plea to shareholders to vote

Shareholders approved Friday EV startup Lucid Motors’ merger with special purpose acquisition company Churchill Capital IV, after the companies extended the deadline by one day because not enough re

The Station: Rivian rolls towards an IPO and Quantumscape makes a big battery hire

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station

Lucid Motors reveals all the tech inside its all-electric Air sedan

Eight months after Lucid Motors showed off the final version of its all-electric Air sedan, the company has finally revealed the in-cabin tech — from the curved 34-inch display and second touchscree

Arrival’s Denis Sverdlov on the new era of car manufacturing

"I would also count myself as a serial entrepreneur because I've been doing this for more than 20 years."

Lucid Motors taps Waymo, Intel veterans ahead of public listing

Lucid Motors is beefing up its executive and technical leadership team, hiring people from Waymo, Intel and Xperi as it prepares to become a publicly listed company. The automaker said Wednesday that
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