Lucid rushes to grab failed Fisker’s Ocean trademark
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 […]
NLRB Seeks Court Order for Lucid to Reinstate Fired Union Organizers
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 close to deal with Lucid for electric motors: Report
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 […]
Peter Rawlinson Critiques Tesla’s Focus, Sees Opportunity for Lucid to Lead EV Innovation
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 Q1 2024 Earnings: Losses Mount Despite Revenue Beat
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 sets new delivery record with price cuts and incentives
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 Secures $1 Billion Lifeline from Saudi PIF Affiliate
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 […]
Lucid Reaches Settlement with NLRB to Modify Severance Packages
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 releases their version of Dog Mode – Creature Comfort Mode
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 […]
Lucid to open a research and development office near Detroit
Lucid will open a second research and development office near Detroit in Southfield, Michigan. Lucid will open the office in Q4 of 2024. The announcement comes after the Michigan Strategic Fund voted in favour of providing Lucid […]
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