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Lucid Motors

Lucid Motors decreases EV production target by 50%

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Supply chain problems continue to affect automakers, including Lucid Motors, who once again slashed EV production goals for the year. Shares of the vehicle...
Lucid Motors

Lucid Motors goes public, rings the NASDAQ opening bell July 26

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Luxury EV carmaker Lucid Motors is trading publicly on the NASDAQ exchange after faltering with investors late last week. Voting has finally been wrapped up and Lucid Motors has been approved to merge with special purpose acquisition company Churchill Capital IV so it can hit the exchange. Led by highly influential businessman and Churchill Chairman […]
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Lucid Motors

Lucid Motors going public in SPAC merger

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The luxury electric car maker Lucid Motors will become a publicly traded company, opening up access to billions of dollars in funding. Lucid is set to merge with special purpose acquisition company (SPAC) Churchill Capital IV Corp (CCIV) at a $11.75 billion combined equity valuation and a $24 billion pro-forma equity value. Churchill Capital’s founder, […]
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automotive

CBT automotive newscast: September 11, 2020

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Today's Featured Interview: Leveraging innovation to create a frictionless customer experience - Brian Benstock After several dealers experienced strong months during July and August, many...

Lucid unveils the new Air, sets its sights on the Tesla...

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Lucid Motors has been building up its first production vehicle, with lofty claims of industry-leading battery range and speed, since releasing a prototype at the end of 2016. Four years later, the production model is here. The EV maker unveiled the Lucid Air on Wednesday in a global web broadcast from its Silicon Valley headquarters. […]
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auto news

CBT Automotive Newscast: August 24, 2020

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Today’s Featured Interview: CBT News Market Update: Shawn Vaughn, VBM Auto Group & Sean Peoples, LotLinx On this week’s episode of the CBT News Market Update, new car sales came out to a retail SAAR of 11.74, down 9.4% from 13.42 in 2019. The inventory of new vehicles sold took a 7.3% drop year over […]
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EV market

CBT Automotive Newscast: August 18, 2020

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Today’s Featured Interview: FCA’s Dedication to Building a More Diverse and Inclusive Dealer Body Empowering minority-owned dealerships is a step in the right direction when it comes to growing diversity in the auto industry. OEMs must understand their role in creating successful opportunities for minority dealers. At FCA, Eric Wong and Wadette Bradford are using […]
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dhivya suryadevara

CBT Automotive Newscast: August 12, 2020

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Today’s Featured Interview: Midwest Dealer Jay Feldman Discusses Acquiring 4th Dealership with Actor Mark Wahlberg Strategic partnerships can create great opportunities for success. For Jay Feldman, CEO of Feldman Automotive, a partnership with actor and auto enthusiast Mark Wahlberg has opened new doors for his business. Jay joined CBT to talk about the recent dealerships […]
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Lucid Motors

Daily Newscast: Lucid Motors takes on Tesla, One simple way to get...

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  In today’s CBT Newscast for Wednesday March 22, 2017: The 2017 Automotive Engagement Conference A seven-city national tour showing dealers how to measure consumer engagement to eliminate advertising BOTS, BLUNDERS, and BLOAT in their marketing investments. Read More What to do with managers who don’t manage Joe Gumm sat down with Alan Ram, President […]
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