Lucid Group has announced its plans to raise approximately $3 billion through a new equity offering. The new funding round comes after the automaker has been suffering through heavy losses and an extremely slow production […]
Lucid Group has announced the European pricing for its Air Pure AWD and Air Touring variants, as well as pricing for the optional Stealth Appearance package. According to a press release from the automaker on […]
Lucid has published its Q1 2023 financial report and has posted weaker than expected numbers after experiencing a decline in their production and deliveries over the previous quarter. Lucid has also adjusted their 2023 production […]
Lucid is taking on a new approach in an attempt to try and sell their cars by setting up shop at a Supercharger station in California and offering Tesla owners test drives. Tesla owner and […]
Lucid Group has announced the Securities and Exchange Commission (SEC) has concluded its investigation related to its merger with a special purpose acquisitions company (SPAC) last year. According to a Form 8-K regulatory filing published […]
Lucid, the luxury electric vehicle (EV) maker, is one step closer to introducing its next big project to the market. The Lucid Gravity SUV has moved closer to production as the vehicle transitions to public road testing […]
Lucid has commenced the delivery of the luxury Lucid Air with the Stealth Appearance upgrade. Customers began getting their cars at the company’s Costa Mesa service center in Southern California, with expected expansion to the rest of the country in […]
Lucid has reported its production and delivery figures for the first quarter of 2023, and the automaker has not started the year off on the right foot, seeing both production and deliveries drop substantially from […]
The Hyundai IONIQ 6 has been named the World Car of the Year at the 2023 World Car Awards. This is the second straight year that Hyundai has taken the title, with the IONIQ 5 […]
Last week electric vehicle (EV) startup Lucid Motors said it was laying off about 18% of its workforce, affecting executives and employees at all levels. Those layoffs have now started, and affected employees are taking […]
