Lucid to lay off 1,300 employees for $24-$30M restructuring plan
On Tuesday, March 2, Lucid Group, Inc. announced plans to lay off 18% of its workforce, amounting to about 1,300…
6 months ago
Lucid Group
Lucid cushions financial position with $1.515B capital raise
Lucid Group (NASDAQ: LCID) announced it had completed a capital raise of $1.515 billion to cushion its financial position as…
9 months ago
Lucid gains EPA approval to launch 2023 Air models
Lucid has gained EPA approval to launch the sale of several 2023 model-year trims of the Air electric vehicle. Lucid…
11 months ago
Lucid officially launches at-home charging station for EVs
Lucid Group announced on Tuesday morning that it had officially launched an at-home charging station for its EVs. The launch…
11 months ago
Lucid launches its biggest OTA update yet with ‘hundreds’ of new features
Lucid announced this morning it had launched Lucid UX 2.0, its most extensive and biggest software update, which packs "hundreds…
12 months ago
Lucid bounces back with impressive Q3 production of 2,282
Lucid (NASDAQ: LCID) announced today that it produced 2,282 vehicles in Q3 2022, a more than three-times increase from what…
12 months ago
Lucid struggles to ramp production and keep those tasked with solving it
Lucid Motors is continuing to struggle with its initial production ramp of its introductory EV, the Lucid Air. However, it…
1 year ago
Lucid adds new executive software position and fills it with an Apple alum
Lucid Motors added a new executive position within its software team this week and filled it with a former Apple…
1 year ago
Lucid factory set to expand three-fold following $113.5M county investment
Lucid Motor's (NASDAQ: LCID) production facility in Casa Grande, Arizona, is set to expand three-fold after Pinal County purchased 1,400…
1 year ago
Take a lap in the 1,200-HP Lucid Air Sapphire prototype
After Lucid announced its new 1,200 horsepower Sapphire version of the Air sedan last week, many believed it was the…
1 year ago
Lucid to expand Arizona production plant in 2023
Lucid Motors (NASDAQ: LCID) is planning to expand its AMP-1 production facility in Casa Grande, Arizona, with construction starting in…
1 year ago
Lucid launches ‘Stealth Look’ to bring new personality to Air EV
Lucid Group launched a new "Stealth Look" option exterior design theme for its Air electric vehicle that brings a new…
1 year ago
Lucid cuts production goals by 50 percent once again
Lucid Group (NASDAQ: LCID) cut its 2022 production outlook to between 6,000 and 7,000 vehicles after citing "extraordinary supply chain…
1 year ago
Lucid signs agreement with Saudi Arabia for 155k unit capacity manufacturing facility
Lucid Group announced today that it has signed a contract with several Saudi Arabian government agencies that locks in plans…
1 year ago
Lucid is expanding into Europe with two Air Dream Edition trim levels
Lucid Group (NASDAQ: LCID) announced its initial launch plans for the European market today, which will be marked by the…
1 year ago
Lucid reports Q1 2022 Earnings tonight: Here’s What to Expect
Lucid Group (NASDAQ: LCID) will report its earnings for the first quarter of 2022 this evening after market close. Analysts…
1 year ago
Lucid Group, Saudi Arabia agree to 100,000 EV fleet deal
Lucid Group announced today that it had reached an agreement with the Government of Saudi Arabia to purchase up to…
1 year ago
Lucid Group will report first quarter earnings on May 5
Lucid Group (NASDAQ: LCID) announced today that it would report earnings for the first quarter of 2022 on May 5…
1 year ago
Lucid Group lowers 2022 production forecast by around 30 percent
Lucid Group (NASDAQ: LCID) held its Q4 2021 Earnings Call last evening, where it revised its 2022 production forecast from…
2 years ago
NHTSA formally announces Lucid Air recall of 203 vehicles for safety issue
The National Highway Traffic Safety Administration (NHTSA) has formally announced the recall of 203 Lucid Air sedans for a potential…
2 years ago