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Lucid reported first-quarter earnings revealing better-than-expected revenues and expressed optimism toward the remainder of 2024.

Lucid losses narrow in first quarter despite price cuts

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Lucid's first-quarter earnings revealed positive shifts for the fledgling brand, with most financial metrics improving despite a global cooldown in battery-powered car demand. The electric...

Lucid posts Q1 earnings, UAW authorizes strike, France welcomes BYD

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Top Stories Lucid reports first-quarter earnings after sales rise. Read More UAW authorizes strike at key Stellantis plant over safety concerns. Read More NHTSA requests comparative data...

Farley urges investors to focus on Ford Pro, Cruise VP abruptly...

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Inside Automotive  How dealerships can leverage social media to build trust and drive sales – Marc Lavoie In today's landscape, nearly everyone is on social media, and...
On February 15, Lucid implemented its second price reduction in two months for the Air Pure sedan, now starting at an MRSP below $69,900. 

Lucid cuts Air Pure sedan prices to address buyer concerns and...

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On February 15, Lucid implemented its second price reduction in two months for the Air sedan, now starting at an MRSP below $69,900.  With the...
Lucid has ventured into the lucrative and competitive SUV industry with its debut, the Gravity, built on the same platform as its Air sedan.

Lucid unveils its electric Gravity SUV, offering 440 miles of range

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The California-based startup Lucid has ventured into the lucrative and fiercely competitive SUV industry with its debut offering, the Gravity, built on the same...

Ford adjusts Michigan battery plant strategy, Lucid debuts electric SUV, Toyota...

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Inside Automotive  Actionable steps to improve diversity within the dealership — Fernando Varela | Varela Group National Hispanic Heritage Month is a time to celebrate diversity...

UAW Mack Truck employees join the picket lines, used cars rise...

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Inside Automotive  The four phases of every good sales strategy — Sean Gardner | Joe Verde Group Despite drastic transformations in the way vehicles are sold,...
Lucid unveiled a new Air Pure sedan with rear-wheel drive (RWD), completing Lucids portfolio of its flagship EV and offering more trim options

Lucid unveils the RWD Air Pure variant, offering 410 miles of...

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ev Lucid unveiled a new Air Pure sedan with rear-wheel drive (RWD), starting at $77,400. The new trim completes the portfolio of Lucid’s flagship...

GM expands V2H, Tesla qualifies for tax credit, Lucid reports earnings

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Inside Automotive Why relationships are crucial to fixed operations growth— MC Watson | automotiveMastermind Driving more consumers into the service bay is important for car dealers...
Lucid has confirmed it is on track to meet its annual production target of 10,000 electric vehicles, despite missing revenue guidance for Q2.

Lucid reaffirms production target despite underwhelming earnings

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Lucid has confirmed it is on track to meet its annual production target of 10,000 electric vehicles, despite scoring lower-than-expected revenue in the second...