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The Latest Breaking News from Lucid

Lucid Group Opens New Studio Location In Toronto, Ontario

Lucid Group Inc (NASDAQ:LCID) has opened a new studio location at the Yorkdale Shopping Centre in Toronto, Ontario. The location is the second in Canada and twenty-third in the company's North American retail network. The company expects to begin Canadian deliveries of the Lucid Air in Spring 2022. Lucid has partnered with Electrify…

Benzinga

LG Energy Solution Announces Cylindrical Battery Plant In U.S.

LG Chem's LG Energy Solution announced a 1.7 trillion KRW ($1.39 billion) investment in a new factory for cylindrical batteries in Arizona.

InsideEVs

This Tesla, Lucid Supplier Is Investing $7.2B In North America To Boost EV Battery Output

South Korea's LG Energy Solution, which counts Tesla Inc (NASDAQ: TSLA) and Lucid Group Inc (NASDAQ:

Benzinga

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Here's Why Lucid Group Shares Are Rising Today

Lucid Group, Inc. (NASDAQ: LCID) shares are trading higher after the company announced its DreamDrive Pro advanced driver-assistance system will add new features in the future, building on NVIDIA Corporation's (NASDAQ:

Benzinga

Lucid Air Dream Edition: Is It The Ultimate Luxury Performance EV?

Lucid is one of a few EV startups finding early success. While it's struggling with cost and production, its Air sedan is a testament to what lies ahead.

InsideEVs

This Oil Company Has A Better 1-Year Return Than Tesla, Lucid, Apple, Amazon, Microsoft, Bitcoin And Ethereum

Occidental Petroleum Corporation (NYSE: OXY) is a global leader in hydrocarbon exploration, and over the past year, treated investors to eye-popping returns.

Benzinga

Tesla Rival Lucid Said To Be Eyeing Price Hikes For Future Models As Inflation Bites

Lucid Group Inc (NASDAQ: LCID) is exploring price hikes for its future car models, Reuters reported on Thursda

Benzinga

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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.

InsideEVs

Why Tesla, Lucid Group And Workhorse Shares Are Falling Today

Shares of several stocks in the auto & auto components sector, including Tesla Inc (NASDAQ: TSLA), Lucid Group Inc (NASDAQ: LCID) and Workhorse Group Inc (NASDAQ:

Benzinga

Lucid CEO Recalls His Time At Tesla: Why Model S Was Nearly Named 300 Megajoule

Lucid Group Inc (NASDAQ: LCID) CEO Peter Rawlinson said on Thursday his former workplace Tesla Inc (NASDAQ: TSLA) nearly

Benzinga

Hagerty’s Jason Cammisa Wowed By Lucid Air, Calls It Tesla 2.0

This review argues that the Lucid Air is so good, it could be called a time machine, adding to the slew of positive reviews praising this brand new sedan.

InsideEVs

Lucid CEO Rawlinson Offers Master Class In Battery Pack Tech Talk

We examine the first in a series of "Tech Talk" videos produced by Lucid Motors that will explain how the company produced the most efficient EV available today.

InsideEVs

EV Week In Review: Tesla Giga Berlin Update, Rivian Crashes On Price Hike Gaffe, Lucid Slashes Guidance, Honda-Sony Team Up, Nio Headed To Hong Kong And More

The EV space was swathed in a sea of red in the week ending March 4, although market leader Tesla, Inc. (NASDAQ: TSLA) and a handful of stocks managed to buck the downtrend. The negative sentiment can be traced back to company-specific catalysts, which pressured stocks.

Benzinga

Elon Musk Takes A Dig At Lucid, Explains Why He Isn't Pushing For Longest Range EV

Electric vehicle startup Lucid Group, Inc.

Benzinga

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Asharq Al-Awsat

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…

Benzinga

Tesla Rival Lucid Cuts 2022 Production Target By Up To 40% Due To Extraordinary Supply Chain Issues

Luxury electric vehicle startup Lucid Group Inc (NASDAQ: LCID) on Monday significantly lowered production targets for this year, citing extraordinary supply chain and logistics challenges.

Benzinga

Why Lucid Shares Are Sliding Today

Lucid Group Inc (NASDAQ: LCID) is trading lower Tuesday after the company announced worse-than-expected fourth-quarter revenue results and cut production guidance. Lucid reported quarterly revenue of $26.4 million, which came in below the estimate of $36.74 million.

InsideEVs

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.

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InsideEVs

Lucid Delivered 125 Cars In 2021, Lowers 2022 Production Forecast

On the bright side, Lucid says it recently leased land in Saudi Arabia where it plans to start building its second factory in the first half of 2022.

Benzinga

Thinking About Buying Stock In Lucid Group, Rhythm Pharmaceuticals Or Kohl's?

Analysts and brokerage firms often use ratings when they issue stock recommendations to stock traders. Analysts arrive at stock ratings by researching public financial statements, communicating with executives and customers and following industry trends.

InsideEVs

Owner Loves His Lucid Air Even After Its Steering Failed

The Air has since been sent to Lucid to figure out what made the steering malfunction and we don't believe this is related to the recent recall.

InsideEVs

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.

Benzinga

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.

Benzinga

You Ask, We Analyze: Why Lucid Group's Stock May Be Set For A Drive North

On Monday evening, Benzinga asked its followers on Twitter what they’re buying at the open on Tuesday. From the replies, Benzinga selected one ticker for technical analysis. @JeffreyAWillia4 and @CappyTrades are buying Lucid Group, Inc (NASDAQ: LCID).

Benzinga

Why Lucid Analyst Says Deliveries Miss Isn't A Big Deal Ahead Of Q4 Print

Lucid Group Inc (NASDAQ: LCID) is scheduled to report its fourth-quarter results after market close on Feb. 28. Ahead of the results, an analyst at Morgan Stanley warned that deliveries could underperform relative to expectations.

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