The Latest Breaking News from Lucid

Electric vehicle stocks fell across the board in the week ended September 2 amid macroeconomic concerns that rocked the market. The August jobs report, the U.S. government’s move to restrict chip exports to China, and the shutting down of the Nord Stream 1 offshore pipeline that supplies oil from Russia…

Lucid is facing tough times, which is to be expected of any startup automaker, especially amid global chaos that's leaving all carmakers in difficult positions.

Lucid Air Sapphire will be built in a limited production run from the first half of 2023; reservations open on August 23 and the starting MSRP is $249,900.

This week, we have news on US EV Tax Credits, Tesla Superchargers, Rivian, Lucid, VinFast, and more. Here's our Top EV News for the week of Aug 18, 2022.

The EV maker remains secretive for now, only saying that August 19 will bring the "global debut of a new vehicle variant that could only come from Lucid."

It'll premiere at The Quail during Monterey Car Week

Rivian and Lucid informed reservation holders that they can enter into binding contracts to make sure they qualify for the full $7,500 tax credit.

This stage of process to expand its home production facility, known as AMP-1, will take until 2024, possibly 2025.

The pack will debut during Monterey Car Week on August 17.