TSLA379.7104.59%
GM78.100-0.43%
F14.1100%
RIVN15.6300.77%
CYD44.820-2.38%
HMC26.8300.69%
TM171.4804.98%
CVNA62.310-3.89%
PAG182.210-1.63%
LAD292.100-4.63%
AN191.640-0.41%
GPI301.7400.92%
ABG205.1702.12%
SAH84.5101.8%
TSLA379.7104.59%
GM78.100-0.43%
F14.1100%
RIVN15.6300.77%
CYD44.820-2.38%
HMC26.8300.69%
TM171.4804.98%
CVNA62.310-3.89%
PAG182.210-1.63%
LAD292.100-4.63%
AN191.640-0.41%
GPI301.7400.92%
ABG205.1702.12%
SAH84.5101.8%
TSLA379.7104.59%
GM78.100-0.43%
F14.1100%
RIVN15.6300.77%
CYD44.820-2.38%
HMC26.8300.69%
TM171.4804.98%
CVNA62.310-3.89%
PAG182.210-1.63%
LAD292.100-4.63%
AN191.640-0.41%
GPI301.7400.92%
ABG205.1702.12%
SAH84.5101.8%


Lucid

Lucid announced on August 5, 2024, that its largest shareholder, Saudi Arabia's Public Investment Fund (PIF), will inject up to $1.5B in cash

Lucid secures $1.5 billion investment from Saudi Arabia’s PIF to boost SUV production

- August 6, 2024
Lucid announced on August 5, 2024, that its largest shareholder, Saudi Arabia's Public Investment Fund (PIF), will inject up to $1.5 billion in cash to ramp up production of a...
Headlines Articles
In February, Ford disclosed it's committed to developing an affordable EV platform, comprised of notable talent like Alan Clarke.

Ford hires top talent from Tesla, Rivian, and more to develop affordable EVs

- June 13, 2024
In its bid to introduce more affordable electric vehicles, Ford has aggressively recruited top engineers from leading EV companies like Tesla, Rivian, Apple, and Lucid. This move is part of...
Headlines Articles
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

- May 7, 2024
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 vehicle startup posted revenues of $172.7...
Articles Headlines
I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us.It’s been a tough quarter for many of the legacy automakers. highways emissions

High stakes as new EV makers burn cash and seek lifelines

- March 29, 2024
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting...
Future of Automotive Featured
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 boost sales

- February 16, 2024
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 release of its second all-electric model...
Headlines Articles
Notably, the UAW is not guaranteeing the successful organization of every plant or automaker participating in this campaign.

UAW launches ambitious campaign to unionize non-Detroit automakers

- November 30, 2023
The United Auto Workers (UAW) union has announced a bold initiative to organize 13 non-union automakers operating in the United States. This announcement comes in the wake of the UAW's...
Articles Headlines
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

- November 23, 2023
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 platform as its Air sedan. Lucid claims...
Articles Headlines
Fisker raised and lowered prices on various models as electric vehicle manufacturers adapt to changing market dynamics.

Fisker adjust prices as electric vehicle segment faces demand cool down

- October 23, 2023
Electric vehicle maker Fisker today adjusted prices across its lineup several weeks ahead of the release of its third-quarter report. Prices for some models increased while others decreased. The more expensive...
Articles Headlines
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 range

- October 9, 2023
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 EV, which now offers several trims...
Headlines Articles
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

- August 8, 2023
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 quarter. In its earnings report, the electric...
Articles Headlines

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