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The Latest Breaking News from Lucid

Lucid Lowers 2023 Production Forecast, Posts $780 Million Q1 Loss

The EV startup says it ended the quarter with approximately $4.1 billion total liquidity, which is enough to fund it "at least into the second quarter of 2024."

InsideEVs

Rivian Stock Rises. Gains For EV Startup Cool Amid A 'Downshift' Warning.

Most EV startups are losing money. Earnings reports from Lucid, Rivian and more will spotlight the EV stocks' cash burn and production targets.

Investors Business Daily

Lucid Reportedly Tried Offering Free Test Drives At Tesla Supercharger In California

A Lucid Air finished in Cosmos Silver and wearing “Test Drive Car” decals was parked directly opposite an 8-stall Supercharger station in West Hollywood.

InsideEVs

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Lucid Embarks On 42-City Tour Across US To Grow Air Sedan Sales

"We've got the best car in the world and not enough people know about it," CEO Peter Rawlinson said in February; Lucid is hoping the US tour can change that.

InsideEVs

Ward's 10 Best Interiors And UX Winners List Includes A Record Six BEVs

Brands like Kia, Hyundai, Jeep, and Toyota made the list, along with high-end cars from BMW, Lucid, Range Rover, and Mercedes-Benz.

Motor1

Bye Bolt, Gravity Testing, Tesla Regen & Honda's Future: Top EV News Apr 28

This week, we say goodbye to the Chevrolet Bolt, Lucid is testing Gravity, Tesla adds options for regen, and Honda talks about its electric future.

InsideEVs

What Are The Quickest And Fastest EVs On The Market?

Some of the fastest EVs on the market today come from Tesla, Lucid and traditional automakers like Audi and Mercedes.

InsideEVs

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Lucid Gravity Electric SUV Hits The Road As Testing Phase Begins

The EV startup promises the seven-seat Gravity will offer the driving dynamics of a sports car and greater electric range than any SUV on the market today.

InsideEVs

2023 Lucid Air With Stealth Appearance Pack Starts US Deliveries

Deliveries began at the Lucid Costa Mesa service center in Southern California and will continue throughout the United States in the coming weeks.

InsideEVs

30 Supercars, Hypercars, And EVs With Over 1,000 Horsepower

From Aston Martin to Tesla, these are some of the cars you can buy – or will soon be able to buy – with over 1,000 horsepower.

Motor1

Lucid Air Deliveries Almost Quadrupled In Q1 2023

Lucid Group revealed that its vehicle production and deliveries during the first quarter of 2023 significantly increased year-over-year.

InsideEVs

Watch Chevrolet Corvette Z06 Face 819-HP Lucid Air GT In Challenging Race

One has a massive horsepower advantage, while the other is better at pretty much everything else.

Motor1

Tesla Model S Vs Lucid Air: Which Pricey Luxury EV Should You Choose?

The Model S is considered Tesla’s luxury-level sedan, and as such, it’s a direct competitor with the Lucid Air. Build quality may be an issue for both rivals.

InsideEVs

Tech companies plan hundreds more Bay Area job cuts as layoffs worsen

NEWARK, Calif. — Streaming titan Roku and electric vehicle maker Lucid Group have sketched out plans for fresh Bay Area job cuts, together adding hundreds of workers to the region’s worsening layoff toll.

Tribune News Service

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InsideEVs

Lucid Will Lay Off 1,300 People As Part Of Cost-Cutting Plan

With about 7,200 employees at the end of 2022, Lucid plans to communicate with its entire workforce about its restructuring plan in the following three days, adding that the US branch will see reductions in nearly every organization and level, including executives.

InsideEVs

Lucid Recalls 640 Air EVs Because Electric Motors May Shut Down

Electrically activated contact switches, which transfer energy to the drive motors, may unexpectedly open, cutting off power to the motors.

Tribune News Service

Auto review: 2023 Lucid Air soars past the luxury EV market

Wow.

Fortune

The SEC's new CEO pay rule falls short of revealing the truth

The numbers are still based on estimates of values that won’t be known for years.

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InsideEVs

2023 Lucid Air Touring First Drive Review: This Is The Way

The 2023 Lucid Air Touring lowers the cost of entry to this stunning EV line and as it turns out, doesn't give up much along the way.

Motor1

50 Future EVs Worth Waiting For

Brands like Cadillac, Fisker, Lucid, and Tesla will debut a number of new electric vehicles between 2023 and 2026.

InsideEVs

Lucid Hoping To Make 10-14K EVs In 2023, Well Below Expectations

Lucid announced a 2023 production guidance of 10,000-14,000 vehicles, while analysts on average expected a production goal of 21,815 cars for this year.

Investors Business Daily

Dow Jones Futures Rise: Nvidia Earnings Lift Chips; S&P 500 Set To Bounce From Key Support

The S&P 500 tested its 50-day moving average Wednesday. Nvidia jumped late as the chip giant headlined overnight earnings.

InsideEVs

Lucid Air Pure RWD To Offer 406 Miles Of Range, 430 Horsepower

The specifications were revealed by Lucid Motors in emails sent to reservation holders to inform them they can configure their Air Pure RWD vehicles.

InsideEVs

Lucid Offers $7,500 EV Credit On Some Air Versions For A Limited Time

If there's no way to get the price of your EVs within the rules for tax credit eligibility, perhaps all you can do is offer your own $7,500 EV credit.

InsideEVs

Tesla's Price Cuts Are Putting Extra Pressure On EV Startups

With Tesla’s most recent round of price cuts, EV startups that are struggling to make money may be put in tough positions.

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