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The Latest Breaking News from Lucid

30 Supercars, Hypercars, And EVs With Over 1,000 Horsepower

From Aston Martin to Tesla, these are some of the cars you can buy – or will soon be able to buy – with over 1,000 horsepower.

Motor1

Lucid Air Deliveries Almost Quadrupled In Q1 2023

Lucid Group revealed that its vehicle production and deliveries during the first quarter of 2023 significantly increased year-over-year.

InsideEVs

Watch Chevrolet Corvette Z06 Face 819-HP Lucid Air GT In Challenging Race

One has a massive horsepower advantage, while the other is better at pretty much everything else.

Motor1

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Tesla Model S Vs Lucid Air: Which Pricey Luxury EV Should You Choose?

The Model S is considered Tesla’s luxury-level sedan, and as such, it’s a direct competitor with the Lucid Air. Build quality may be an issue for both rivals.

InsideEVs

Tech companies plan hundreds more Bay Area job cuts as layoffs worsen

NEWARK, Calif. — Streaming titan Roku and electric vehicle maker Lucid Group have sketched out plans for fresh Bay Area job cuts, together adding hundreds of workers to the region’s worsening layoff toll.

Tribune News Service

Lucid Will Lay Off 1,300 People As Part Of Cost-Cutting Plan

With about 7,200 employees at the end of 2022, Lucid plans to communicate with its entire workforce about its restructuring plan in the following three days, adding that the US branch will see reductions in nearly every organization and level, including executives.

InsideEVs

Lucid Recalls 640 Air EVs Because Electric Motors May Shut Down

Electrically activated contact switches, which transfer energy to the drive motors, may unexpectedly open, cutting off power to the motors.

InsideEVs

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Auto review: 2023 Lucid Air soars past the luxury EV market

Wow.

Tribune News Service

The SEC's new CEO pay rule falls short of revealing the truth

The numbers are still based on estimates of values that won’t be known for years.

Fortune

2023 Lucid Air Touring First Drive Review: This Is The Way

The 2023 Lucid Air Touring lowers the cost of entry to this stunning EV line and as it turns out, doesn't give up much along the way.

InsideEVs

50 Future EVs Worth Waiting For

Brands like Cadillac, Fisker, Lucid, and Tesla will debut a number of new electric vehicles between 2023 and 2026.

Motor1

Lucid Hoping To Make 10-14K EVs In 2023, Well Below Expectations

Lucid announced a 2023 production guidance of 10,000-14,000 vehicles, while analysts on average expected a production goal of 21,815 cars for this year.

InsideEVs

Lucid Air Pure RWD To Offer 406 Miles Of Range, 430 Horsepower

The specifications were revealed by Lucid Motors in emails sent to reservation holders to inform them they can configure their Air Pure RWD vehicles.

InsideEVs

Lucid Offers $7,500 EV Credit On Some Air Versions For A Limited Time

If there's no way to get the price of your EVs within the rules for tax credit eligibility, perhaps all you can do is offer your own $7,500 EV credit.

InsideEVs

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InsideEVs

Tesla's Price Cuts Are Putting Extra Pressure On EV Startups

With Tesla’s most recent round of price cuts, EV startups that are struggling to make money may be put in tough positions.

InsideEVs

Rivian To Lay Off 6 Percent Of Staff To Cut Costs Amid EV Price War

Rivian CEO RJ Scaringe announced the job cuts in an internal memo and said the company is focusing resources on ramping up production and becoming profitable.

Motor1

Lucid Debuts 469-HP Electric Drive Unit For Racing That Weighs 70 Pounds

The EDU combines an electric motor, inverter, differential, and transmission in a compact, lightweight package.

InsideEVs

Lucid Unveils Compact Electric Drive Unit For Formula E Racing

The unit provides regen power under braking, acting as a generator and replenishing the battery

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InsideEVs

Lucid Air Reservation Holders Can Get $7,500 Off If They Choose To Lease

This is surely a response to Tesla’s recent price cut, but strangely it only applies to Airs leased through Lucid Financing Services.

InsideEVs

US Car Market Shrunk In 2022 But EV Sales Went Up By Two Thirds

Even though the US new car market as a whole shrunk in 2022, more EVs were sold reaching a 5.8 percent market share, up from 3.1 percent in 2021.

Chicago Tribune

Illinois auto dealers file appeal after judge dismissed lawsuit challenging direct-to-consumer EV sales

The Illinois Automobile Dealers Association has appealed a December court ruling that allowed EV automakers Rivian and Lucid to continue cutting out the middleman and selling directly to consumers.

InsideEVs

Lucid Notes Record Air Deliveries In Q4 2022

Lucid Group announced today vehicle production and delivery numbers for the fourth quarter and full year 2022, revealing noticeable progress in both cases.

WEKU

Tesla's stock lost over $700 billion in value. Elon Musk's Twitter deal didn't help

The transformational automaker's market cap has dropped by a staggering amount over the past year. Blame new competition, sales that fell short of a lofty target — and a distracted CEO.

InsideEVs

Deliveries Of Entry-Level Lucid Air Pure Are Now Underway

Deliveries of the Air Pure, the entry-level version of the Lucid Air, are now underway in California.

Asharq Al-Awsat

Saudi Arabia Aims to Boost National Automotive Industry

The Saudi Ministry of Industry and Mineral Resources signed a memorandum of understanding with Hyundai Motor Company to promote the automotive industry in the Kingdom. The MoU was signed in the presence of the Minister of Industry and Mineral Resources, Bandar al-Khorayef, and the Minister of Economy and Planning, Faisal…

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