Saudi Arabia increases stake in Lucid
Saudi Arabia can’t get enough of Lucid as it has put more money into the EV startup. The middle-eastern kingdom increased its investment by 9% in the last quarter, as revealed by SEC filings. The […]
Lucid offers another $7,500 discount on Air Grand Touring and Touring sedans in the US
Lucid Group announced on Thursday that customers in the US can take $7,500 off the purchase price of the Air Grand Touring and Air Touring luxury electric sedans, in another attempt to keep up with […]
Lucid Motors opens retail studio in Montreal
Lucid Motors announced the opening of the company’s first retail and service centre in the province of Quebec. The combination studio, delivery and service centre will open to the public as of January 28. The […]
Lucid stock jumps over 48 per cent amid takeover speculation
Lucid stock has seen a massive 48 per cent rise and counting as a report is circling that the Saudi Arabia Public Investment Fund is preparing a takeover. StreetInsider issued a watch on the stock, […]
Lucid grows Q4 2022 output 53% to meet annual guidance
Lucid got 2022 off to a rough start by slashing its annual production guidance from 20,000 units down to 14,000, then again to between 6,000 and 7,000 units. It looked like Lucid was going to […]
Lucid wins lawsuit over SPAC investor claims around production outlook
Lucid successfully had a lawsuit dismissed by a US District Court in which the company was accused of defrauding investors. The lawsuit alleged that the SPAC created for the public offering overstated Lucid’s production outlook. […]
Rosewood Sand Hill Hotel and Lucid start new EV amenity partnership
The Rosewood Sand Hill Hotel in Silicon Valley has partnered with Lucid to provide a unique EV experience. The two companies have entered into year-long contract will provide Lucid vehicles as house vehicles for guests […]
Lucid delivers its first Air EVs in Saudi Arabia
Only days after Lucid started deliveries in Europe, the company made its first deliveries in Saudi Arabia. The automaker held a ceremony at their first store in the Middle East in Saudi Arabia’s capital of […]
Lucid Air deliveries begin in Europe with the Dream Edition
Lucid announced that the company has completed its first Lucid Air deliveries to Europe. The first deliveries were of the limited Dream Edition and took place in Germany and the Netherlands. Just as in North […]
Lucid raises $1.5 billion as it lowers base price of Air Grand Touring variant
Lucid Group has announced it was successfully able to raise $1.515 billion from its previously announce equity offering. At the same time Lucid has dropped the base price on its Air Grand Touring luxury electric […]
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