Lucid has announced its financial results for the second quarter of 2024, reporting revenue of $200.6 million, exceeding Wall Street estimates. The automaker has also secured another $1.5 billion from its majority stakeholder, the Public […]
Fisker might have filed for bankruptcy this week, but it appears the Ocean moniker for an electric vehicle may stick around, except not in the way you might expect. As the world waited for the […]
The National Labour Relations Board (NLRB) has filed a petition with the courts for Lucid Motors to bring back two former employees who were fired for allegedly attempting to start a union at the automaker’s […]
Genesis, Hyundai’s luxury brand, may be close to sealing a deal with Lucid. The South Korean brand is about to conclude the purchase of electric motors from the American company according to Sisa Journal. The […]
Lucid Motors CEO Peter Rawlinson has expressed concerns about Tesla’s current trajectory, suggesting that the EV manufacturer might be veering off course. Rawlinson made the comments during a recent episode of BBC’s “Wake Up To […]
Lucid has released its Q1 2024 financial results, and the luxury EV automaker continues to lose significant amounts of money building the Air sedan. The company reported a revenue of $172.7 million, which surpassed Wall […]
Lucid has released its first quarter production and delivery figures, and the luxury electric vehicle (EV) maker was able to set a new quarterly delivery record, although just barely. Also a first, Lucid delivered more […]
Lucid has received a significant boost to its financial standing with a $1 billion investment from Ayar Third Investment Company, an affiliate of Saudi Arabia’s Public Investment Fund (PIF). The infusion of capital comes at […]
The National Labor Relations Board (NLRB) has settled a case with Lucid in which the automaker has agreed to alter its severance agreements as they were deemed to contain illegal clauses. This settlement comes after […]
Lucid has added a new feature to its Air sedan through a free over-the-air (OTA) software update called Creature Comfort Mode, which as the name implies, is their version of Tesla’s Dog Mode. Tesla first […]
