Lucid Motors News

Earnings Lucid Motors Manufacturing

5 weeks ago

Lucid Group Reports Third-Quarter Financial Performance

Lucid Group's third-quarter results show slight revenue increase, but widening losses and rising costs raise concerns ahead of new SUV production plans.

7 weeks ago

2025 Lucid Gravity Pricing Announced for SUV Model

Lucid reveals pricing for the 2025 Gravity SUV, starting at $79,900, with the Grand Touring model available from $94,900 amid financial pressures.

Inside EVs

7 weeks ago

Lucid Gravity SUV Pricing and Production Timeline Announced

Lucid Motors has announced the production start and pricing for the Gravity SUV, targeting a range of over 440 miles and a starting price of $79,900.

8 weeks ago

Lucid Group CEO Addresses Misinterpretation of Fundraising

Lucid Group's CEO clarifies investors' misunderstandings regarding a recent $1.75 billion capital raise, emphasising its necessity for ongoing operations and strategic growth.

Earnings Lucid Motors

8 weeks ago

Lucid Group Announces Public Offering, Shares Decline

Lucid Group's shares fell over 10% post-announcement of a public offering of 262.5 million shares, aimed at funding capital expenditures and general corporate purposes.

Earnings EV Lucid Motors

9 weeks ago

Lucid Motors Surpasses Delivery Estimates in Latest Quarter

Lucid Motors reported nearly 3,000 deliveries, exceeding expectations due to strategic discounts and lower financing options, despite a decline in production figures.

Earnings EV Lucid Motors

The Driven

10 weeks ago

Lucid Motors Chooses Everspin MRAM for Gravity Electric SUV

Everspin's PERSYST MRAM has been selected by Lucid Motors for the Gravity SUV to optimise data management in its electric powertrain system.

Businesswire

13 weeks ago

taq Automotive Intelligence Partners with Lucid Motors

taq Automotive Intelligence announces a partnership with Lucid Motors to provide a digital retailing solution, enhancing the vehicle ordering and financing process for consumers.

Lucid Motors JVs

Businesswire

13 weeks ago

Lucid CEO Dismisses Electric Pickup Truck Plans

Lucid's CEO Peter Rawlinson highlights challenges in producing an efficient, cost-effective electric pickup, focusing instead on enhancing existing vehicle efficiency and upcoming SUV models.

Batteries Lucid Motors

Chargepoints Lucid Motors Tesla

13 weeks ago

Lucid Gravity to Feature Tesla NACS Charge Port in 2025

Lucid announces that its Gravity SUV will adopt Tesla's NACS charge port starting in 2025, with deliveries beginning later this year using the existing CCS port.

3 months ago

Lucid Announces Midsize SUV Below $50,000 for 2026

Lucid plans to produce a midsize SUV priced under $50,000 by late 2026, focusing on efficiency and technology in a competitive electric vehicle segment.

LCVs Lucid Motors

3 months ago

Bulletproof Armoured Lucid Air Sapphire Priced at $475K

U.S. Armor Group offers an armoured version of the Lucid Air Sapphire, enhancing its protection features, with a starting price of $475,000.

Lucid Developing Three Affordable EV Models for Wider Market

Lucid is advancing a mid-size electric vehicle programme targeting a broader consumer base with three new models focused on efficiency and aerodynamics.

EV LCVs Lucid Motors

Lucid CEO Addresses Current Trends in Electric Vehicle Market

Lucid's CEO discusses challenges in the EV market, highlighting efficiency advancements and upcoming models amidst shifting competitor strategies.

Lucid Air Pure Achieves Industry-Leading Efficiency

Lucid's Air Pure sets a new efficiency standard, outperforming competitors significantly, with plans for a more affordable model expected in 2026.

Investment Lucid Motors Manufacturing

Lucid Group Secures $1.5 Billion Funding from Saudi PIF

Lucid Group announces a $1.5 billion cash injection from Saudi PIF to support growth and production plans through 2025, enhancing its electric vehicle lineup.

EV Investment Lucid Motors

Lucid Secures $1.5 Billion Funding from Saudi Investors

Lucid Group announces $1.5 billion funding from Ayar Third Investment Company, aiding capital expenditures and production expansion.

The Driven

5 months ago

Lucid Air Pure Confirmed as Most Efficient EV in the U.S.

The 2025 Lucid Air Pure has an EPA-estimated range of 420 miles, making it the most efficient electric vehicle available in the U.S. market.

7 months ago

Ford appoints ex-Lucid Motors exec as next CFO, promotes current chief

Ford Motor appoints Sherry House, former Lucid Motors CFO, as next Chief Financial Officer. Current CFO John Lawler becomes vice chair to lead turnaround plan amid focus on electric vehicles and profitability challenges.

EV Ford Lucid Motors

8 months ago

2024 Lucid Air Grand Touring upgrades with heat pump and faster charging capabilities

The 2024 Lucid Air Grand Touring, the premium model in the luxury sedan lineup, boasts enhanced features like a heat pump for cold weather efficiency and faster DC charging, maintaining a 516-mile range.

EV Investment Lucid Motors

9 months ago

Lucid secures $1B stock deal with Ayar for EV expansion

Lucid Group, Inc. has secured a $1 billion investment from Ayar Third Investment Company to bolster its electric vehicle production and operational expansion, showcasing confidence in Lucid's growth trajectory.

Telematics Wire

9 months ago

Lucid Aims to Significantly Improve Efficiency of Electric Vehicles

Lucid, a luxury electric sedan manufacturer led by CEO Peter Rawlinson, aims to enhance vehicle efficiency to combat environmental impact. Focused on achieving industry-leading energy consumption, their innovative approach has positioned them as a frontrunner in the EV market.

Batteries EV Lucid Motors

Lucid's Strategy to Navigate the Challenges of 2024 and Beyond

Lucid Motors, a California EV manufacturer, faces scale challenges despite advanced technology. Lowering prices, introducing new models, and expanding market aim to improve sales and profitability.

Lucid Motors Manufacturing Rivian

Elon Musk Criticises Rivian and Lucid Financial Reports

Rivian and Lucid face financial challenges post-2023 earnings reports, drawing scrutiny from Tesla's Elon Musk. Concerns over cash flow, volume production, and long-term viability highlight industry competition.

2024 U.S. Electric Cars Listed By 0-60 MPH Acceleration: Quickest To Slowest

The U.S. electric car market offers over 300 configurations with varying acceleration times. Fastest models like the Lucid Air Sapphire and Tesla Model S Plaid demonstrate high performance, while affordable options like the Volvo EX30 offer quick acceleration at a lower price point.

Audi BMW Chevrolet eMotors EV Ford Kia Lucid Motors Mercedes-Benz Polestar Porsche R&D Rivian Tesla Volkswagen

Lucid Motors Adjusts Prices for the Air in the US and Expands in Europe

Lucid Motors adjusts prices for its Air electric vehicle models in the US and European markets, showcasing commitment to reducing carbon footprint and expanding EV adoption.

electrive.com

Lucid Air Pure receives a significant price cut of $7,500

Luxury sedan Lucid Air Pure reduces entrance cost to qualify for federal tax credit, facing challenges in demand and financial struggles despite optimistic outlook on future growth drivers.

EV Lucid Motors Manufacturing

Lucid Motors Forges Ahead in the EV Market Amidst Industry Softening

Lucid Motors maintains commitment to the EV market despite slower demand growth for GM and Ford. CEO Peter Rawlinson remains optimistic about future opportunities and plans for market success.

EV LCVs Lucid Motors Manufacturing

Lucid to Introduce New Line of Police Vehicles Based on Luxury Electric Sedan

Lucid is launching a new line of police vehicles based on its luxury Air electric sedan at the World Defense Show in Saudi Arabia. The company aims to play a significant role in Saudi Arabia's shift from fossil fuels with its EVs and is also expanding its US manufacturing plant in preparation for future growth.

Electrek

11 months ago

Lucid Motors Expands Manufacturing Plant for Future Vehicle Production

Lucid Motors has completed a significant expansion of its manufacturing facility to prepare for the launch of new electric models and enhance production capacity.

EV Lucid Motors Manufacturing