Lucid

Lucid will pursue more deals to sell its luxury electric vehicle (EV) equipment as it looks to grow its technology supply business, its top executive said on Wednesday, adding its recent deal with Aston Martin is just the start. The U.S. EV…

In an aerial view, a sign is posted on the exterior of Lucid headquarters on March 29, 2023 in Newark, California. Electric vehicle maker Lucid announced plans to lay off 1,300 workers, 18 percent of its workforce, as part of a…

Last Updated: April 20, 2023, 03:12 ISTProfits came in at $2.5 billion, down 24 percent from the year-ago period on revenues of $23.3 billion, which were up 24 percent. (Photo: IANS)Elon Musk-led Tesla reported total gross margin of 19.3…

With 1,050 horsepower, the new Grand Touring Performance edition becomes the most powerful version of Lucid's electric Air sedan.Lucid MotorsLuxury electric vehicle maker Lucid Group said late Thursday that it produced 2,314 of its Air…

Electric-vehicle maker Lucid Group said on Tuesday it would lay off about 18 percent of its workforce, or around 1,300 employees, to cut costs as part of a restructuring plan.The maker of Air luxury sedan last month…

Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, New York,…

People test drive Dream Edition P and Dream Edition R electric vehicles at the Lucid Motors plant in Casa Grande, Arizona, September 28, 2021.Caitlin O'Hara | ReutersLuxury electric vehicle maker Lucid appears to have a demand problem.The…

Lucid AirCourtesy: Lucid MotorsLucid Group said Thursday that buyers of certain versions of its pricey Air electric luxury sedan will be eligible for a $7,500 "credit." But that credit will be paid by Lucid, not the U.S. government.Lucid…

With 1,050 horsepower, the new Grand Touring Performance edition becomes the most powerful version of Lucid's electric Air sedan.Lucid MotorsElectric luxury vehicle maker Lucid Group said it produced just over 7,100 vehicles in 2022,…

Lucid Group Inc on Wednesday won the dismissal of a lawsuit accusing the luxury electric car maker of defrauding investors in the special-purpose acquisition company that helped take it public, by significantly overstating its…