The first phase consists exclusively of re-assembling Lucid Air vehicle kits pre-manufactured at the company's Arizona plant.
Sept 27 (Reuters) – Electric-vehicle maker Lucid Group (LCID.O) said on Wednesday it had opened its first international manufacturing plant in Saudi Arabia's Jeddah city, under a deal designed to further the Middle Eastern country's electrification push. Lucid announced ...
Lucid Motors has officially opened the first-ever EV manufacturing plant in Saudi Arabia. The EV maker announced Wednesday the facility will produce Lucid Air vehicles for the country while exporting to overseas markets. “We are delighted to make history ...
Lucid says the facility will eventually produce 155,000 vehicles annually.
California-based EV startup Lucid Motors (LCID) just gained its operating license to begin EV production in one of Saudi Arabia’s special economic zones. Saudi Arabia launched four new Special Economic Zones (SEZs) in April, designed to take advantage of ...
Lucid's CEO received the most total compensation for automotive industry leaders.
CEO Peter Rawlinson said that Lucid was working with “utmost urgency” to democratize its technology.
EV maker Lucid Motors plans to take on Tesla’s top-selling Model Y and Model 3 models with an electric vehicle priced around $50,000. CEO Peter Rawlinson recently spoke with ABC News in an interview about accelerating EV adoption and ...
Available only in Europe, this is actually an Air Dream Edition that sports the sinister Stealth theme.
The Pure Summer Event lives on. EV maker Lucid Motors announced it’s extending the price promotion on the Air electric sedan models for another month. Lucid initially announced the price cuts on its social media page last month, dropping ...
Lucid Motors (LCID) dropped a teaser for its Lucid Air Midnight Dream Edition featuring its sinister Stealth theme. The blacked-out luxury EV will debut at the International Motor Show (IAA Mobility). The Lucid Air Midnight Dream Edition is a ...
This shows the Americans surely know how to build a good EV
These two cars couldn't be any more different, and yet it's exciting to see them in a quarter-mile showdown.
Peter Rawlinson said Lucid saw an increase in sales and product interest following the price cuts applied earlier this month.
EV maker Lucid Motor’s (LCID) recent price cuts have been “well received by customers,” according to CEO Peter Rawlinson. The company’s leader also said the Gravity electric SUV launch is on track for November. Amid a wave of price ...
California-based EV maker Lucid Motors issued three separate recalls in the same week, affecting 6,360 Lucid Air electric sedans. However, two of the issues can be fixed through OTA updates. Lucid issues three separate Air EV recalls The three ...
• The 2025 Lucid Gravity will be unveiled this November, possibly at the LA Auto Show. Lucid Motors is one of the new companies trying to break into the automotive market with all-electric products. The company already offers the Air ...
Motor1.com Editor-in-Chief Seyth Miersma, Senior Editor Brett T. Evans, and Senior Editor Jeff Perez will be on the show this week.
Lucid recently issued three recalls for its Air sedan. Two are amendable via software update whereas one requires minor servicing.
CEO RJ Scaringe said Rivian sees continued strong demand for its R1T and R1S.
EV startup announced that "vehicle re-assembly operations" are expected to begin next month at its second factory.
EV startup Lucid Motors revealed the final specs for its Tesla Model S Plaid-rivaling “luxury electric super-sports sedan” Tuesday. Boasting more than 1,200 hp, the Lucid Air Sapphire accelerates from 0 to 60 mph in a mere 1.89 seconds. ...
The superlative sedan makes 1,234 horsepower and costs a cool quarter-mil.
While Q2 revenue and net loss missed market estimates, Lucid said it has enough cash to start production of Gravity SUV in late 2024.
Lucid’s CEO has doubled down on its production forecasts despite the fact the company is hampered by its “ability to sell cars,” with the company hoping to expand market share with price cuts and confirmation of a new SUV model ...
Lucid Motors shared its financial report for Q2 2023 this afternoon, ahead of its call with investors later today. The financial details follow a production report made public last month that shows a decrease in deliveries for a second ...
Companies Lucid Group Inc Tesla Inc Aug 7 – Luxury electric vehicle maker Lucid Group (LCID.O) missed estimates for quarterly revenue on Monday as it took a hit on sales from a price war sparked by market leader Tesla ...
Amid intensifying competition in the EV market, Lucid Motors is drastically reducing prices on its Lucid Air electric sedans with some models over $12,000 off. 2023 Lucid Air electric sedan price and lease incentives Lucid announced the price cuts ...
Photo: Lucid Good morning! It’s Monday, August 7, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. ...
SAN FRANCISCO, Aug 5 (Reuters) – Electric vehicle maker Lucid (LCID.O) cut prices of its Air luxury sedans by as much as $12,400 as part of an offer, it said on Saturday, amid rising competition in the U.S. EV ...
Lucid has slashed prices by $10,650 on its base Pure trim and $12,550 on the mid-range Touring and upper-range Grand Touring trims.
Lucid says the production version of the 1,200-horsepower super sedan "will be available soon."
California-based EV maker Lucid Motors says its ultrahigh-performance EV, the Lucid Air Sapphire, will be available soon. With over 1,200 horsepower, the Sapphire can keep up with the best, even topping Tesla’s Model S Plaid. Lucid Air Sapphire will ...
The German automotive supplier’s CEO says newcomers have different expectations of speed.
After a recent sales decline, Lucid is offering incentives stateside. For customers abroad, renting might be a way to drive one.
American EV maker Lucid Motors (LCID) is expanding overseas. Lucid’s EVs are now available for lease for the first time in Saudi Arabia. First Lucid EVs available for lease in Saudi Arabia Lucid produced 2,173 electric cars in the ...
Lucid Group (NASDAQ: LCID) reported its deliveries and production for Q2 2023 this morning, and its stock tanked as a result of the numbers, which showed fewer cars were built and deliveries remained flat. Lucid delivered just two fewer ...
The volume was significantly higher than a year ago, but it's lower than in Q1 2023 and Q4 2022.
Lucid Motors CEO Peter Rawlinson is eager to expand the electric vehicle company to new markets and new segments, with right-hand drive vehicles and rivals for the Tesla Model 3 and Model Y on its wish list. “It’s a matter ...
Highlights Car manufacturers embrace Tesla's charging standard, but Lucid CEO questions the move. Rawlinson acknowledges Tesla's superior network but advises caution for Lucid's adoption. Concerns include data ownership and the need for a standardized, inclusive charging infrastructure. In recent times, ...