Lucid Motors delivered more EVs in the first quarter of 2024 than it has in any other quarter, though it set the record by a very slim margin. The Saudi-backed, California-based electric vehicle compa
Lucid Motors is at risk of losing the trademark for the name of its Gravity SUV, just months before the company is supposed to start production. Google Ventures-backed EV charging company Gravity Inc.
Lucid Motors plans to build just 9,000 electric vehicles in 2024, only 500 to 1,000 more than it made in 2023, as it struggles with demand for its luxury sedans. If it sticks to that number, that mean
Lucid Motors is lopping thousands of dollars off the price of its most affordable electric sedans as it looks to boost demand after a disappointing year of sales. The rear-wheel drive version of the b
The National Highway Traffic Safety Administration (NHTSA) has opened an investigation into a Lucid Motors windshield defroster recall from January, saying it’s “concerned” the compa
Lucid Motors delivered only 6,001 of the 8,428 cars it built last year, as it continues to struggle to generate demand for its luxury electric sedans. The Saudi-backed company limped to the finish of
Lucid said Monday it will reveal its long-awaited, all-electric Gravity SUV in November with production not kicking off until late 2024. The EV maker, which has experienced a drop in sales for its wel
For over a century, automakers differentiated themselves with gas-powered engines. With EVs, all that expertise goes out the window.
Lucid Group, the U.S. automaker that produces the luxury all-electric Air sedan, will supply Aston Martin with powertrain components and battery technology for future electric vehicle models, the comp
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
Luxury electric vehicle maker Lucid Motors missed Wall Street estimates for fourth-quarter and full-year 2022 revenue, as well as 2023 production and delivery goals, causing the company’s stock
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
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 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 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 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
If 2020 and 2021 were the years of the SPAC, 2022 is shaping up to be the year of the reprimand.
The blank-check boom that made real many electric vehicle manufacturers' dreams of going public may be nearing a close.
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
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
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