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The Latest Breaking News from Lucid Group

Is Lucid Group a Buy Under $20?

While Lucid Group (LCID) continues to make several efforts to boost its operational efficiency, persistent chip and labor shortage weigh on its growth prospects. So, let's evaluate if it's worth investing in the stock at the current price level.

Lucid CEO Made Over $260 Million In Performance-Based Awards In 2021

Lucid CEO Made Over $260 Million In Performance-Based Awards In 2021

Peter Rawlinson got the performance-based awards when Lucid's market cap was at its highest, just before the EV startup's shares plunged by two-thirds.

Why Lucid Shares Are Rising Today

Why Lucid Shares Are Rising Today

Lucid Group Inc (NASDAQ: LCID) shares are trading higher Wednesday after the company announced an agreement with the Government of Saudi Arabia, under which the Government will purchase up to 100,000 vehicles over a ten-year period.

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Lucid Scores 100,000-Vehicle Order From Saudi Arabia Over Ten Years

At the beginning, the Kingdom is expected to order 1,000 to 2,000 vehicles annually, with the quantity to increase to 4,000-7,000 vehicles annually from 2025.

Lucid Introduces New Performance Version Of The Air Grand Touring

We examine the announcement that Lucid Motors is adding a new variant to its Air lineup, the Lucid Air Grand Touring edition, which has 1,050 horsepower.

Electric Vehicles … A Saudi Step Towards Establishing Sustainable Transportation

The announcement made by Lucid Group, an American electric vehicle manufacturer, on signing several agreements with Saudi government agencies, paving way for laying the groundwork for a full production factory in Saudi Arabia, is an important step that shows the competitiveness of the Kingdom in becoming a perfect investment destination…

Asharq Al-Awsat

Lucid, BYD Choose NVIDIA's Drive Hyperion AV Platform For Their EVs

By integrating the latest NVIDIA Drive Hyperion AV architecture into the DreamDrive Pro ADAS suite, Lucid vehicles will gain new features via OTA updates.

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Lucid Considering Price Increases Amid "Huge Inflationary Pressures"

Lucid Considering Price Increases Amid "Huge Inflationary Pressures"

"I think it would be absolutely foolish of me to say we're never going to raise our prices," Lucid Group CEO Peter Rawlinson told Reuters in an interview.

Lucid to Produce 150,000 EVs Per Year in Saudi Arabia

Lucid to Produce 150,000 EVs Per Year in Saudi Arabia

Lucid Group signed an agreement with the Saudi Ministry of Investment, the Industrial Development Fund, and the Economic City at King Abdullah Economic City to construct a plant in the Kingdom that will produce 150,000 electric vehicles (EVs) per year. The Public Investment Fund holds a significant stake of 62…

Asharq Al-Awsat

BofA On Lucid Earnings, Lowered Outlook Is 'Somewhat Surprising In Magnitude'

BofA On Lucid Earnings, Lowered Outlook Is 'Somewhat Surprising In Magnitude'

Lucid Group Inc (NASDAQ: LCID) reported its fourth-quarter results marginally ahead of expectations on lower operating expenditures, according to BofA Securities.

Lucid Confirms Saudi Arabia Plant, Construction To Start In H2 2022

Lucid Confirms Saudi Arabia Plant, Construction To Start In H2 2022

In the initial phase, vehicles built in Saudi Arabia will be slated for the local market, but Lucid plans to export finished vehicles to other global markets.

Lucid Issues First Recall Over Potential Front Suspension Issue

Lucid Issues First Recall Over Potential Front Suspension Issue

The EV startup estimates that only 1% of the 203 recalled cars actually have the improperly installed front strut dampers.

Lucid To Recall 2022 Model Air Sedan: What Investors Need To Know

Lucid To Recall 2022 Model Air Sedan: What Investors Need To Know

EV startup Lucid Group, Inc. (NASDAQ: LCID) is planning for its first recall less than four months after it began deliveries of its first vehicles to customers.

Rivian vs. Lucid: Which Beaten-Down EV Stock is a Better Buy?

Rivian vs. Lucid: Which Beaten-Down EV Stock is a Better Buy?

In this article I'll analyze and compare Rivian Automotive (RIVN) and Lucid Group (LCID) to determine which electric vehicle (EV) stock is currently a better buy.

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Better Buy for 2022: Lucid Group vs. Tesla

Today I'll analyze and compare Lucid Group (LCID) and Tesla (TSLA) to determine which electric vehicle (EV) stock is currently a better buy.

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Peter Rawlinson

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