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The Latest Breaking News from Lucid

Lucid Group Opens Retail Studio In Colorado

Electric car maker Lucid Group Inc (NASDAQ:LCID) has opened its first studio location in Denver, Colorado, at the Cherry Creek Shopping Center. The studio marks twenty-seven studios and service center locations open in North America. The Lucid Studio in Cherry Creek will be open to the public on June 18. "The state of…

Benzinga

Lucid Air OTA Software Update Leaves Car Temporarily Inoperable

A Lucid Air owner initiated an OTA software update, after which he waited three or four hours only to find the car seemingly dead.

InsideEVs

Lucid Group Secures $1B Revolving Credit Facility

Lucid Group Inc (NASDAQ:LCID) has entered into a credit agreement with a syndicate of banks to provide a secured asset-based revolving credit facility with an initial committed amount of up to $1.0 billion. The facility also provides for uncommitted incremental revolving commitments of up to an additional $500 million. The ABL Credit Facility has…

Benzinga

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Elon Musk Says Lucid And Rivian Are "Tracking Toward Bankruptcy"

In an interview with Tesla Owners Silicon Valley, Tesla's CEO said that unless they can cut their cost dramatically, Rivian and Lucid are in deep trouble.

InsideEVs

5 Questions With MotorTrend’s Jonny Lieberman

Between podcasting and Pikes Peak, Jonny takes the first crack at our all-new questionnaire.

Motor1

You Can Now Lease Or Finance A New Lucid Air Exclusively Online

Lucid Group has announced Lucid Financial Services, a new digital platform developed with Bank of America that offers customers lease and loan purchase options.

InsideEVs

Why Lucid Shares Are Diving Following A Warning From Tesla CEO Elon Musk

Lucid Group Inc (NASDAQ: LCID) shares are trading lower by 6.71% at $18.63.

Benzinga

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Lucid Air Option Prices Increase Too

Lucid announced new, higher prices of the Air model in the US for orders placed from June 1. As it turns out, options have become more expensive too.

InsideEVs

Lucid Air Quality Test: Is It Built Like Your Typical $139,000 Car?

What's the build quality of a $139,000 Lucid Air like? Does it meet the standards of its price tag?

InsideEVs

Lucid Air Is Very Roomy Inside For Its Size, Here’s How They Did It

Peter Rawlinson invites two former basketball players to illustrate the spaciousness, then proceeds to explain how it was obtained.

InsideEVs

Lucid Issues Second Air Recall, Glass Cockpit Instrument Panel Harness

NHTSA says disabled display screens won't reveal details, such as the speedometer, gear selection indicators, or warning lights, increasing the risk of a crash.

InsideEVs

Watch Lucid Air Set New Hypermiling Record Of 687 Miles

A team of YouTube influencers drove the Lucid Air Dream Edition Range at a constant speed of 27 mph to find out how far it can go on a full battery charge.

InsideEVs

Lucid Air Touring Won’t Be Available Until Q4 2022

Prior to this change, the mid-range Air Touring model was expected to come one quarter earlier, but now it will arrive with the base Pure model in the final months of 2022.

InsideEVs

Former Tesla Owner: Here's Why I Switched To A Lucid Air

A former Tesla owner explains why he swapped his Model S for a Lucid Air, outlining what the Lucid does better.

InsideEVs

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Benzinga

Lucid Stock Is Racing Higher: What's Going On?

Lucid Group Inc (NASDAQ: LCID) shares are trading higher Thursday after the company on Wednesday announced plans to set up a new manufacturing facility in Saudi Arabia.

InsideEVs

Lucid Secures $3.4B In Incentives, Funding For Saudi Arabia Plant

Expected to be completed in 2025, the new factory will create 4,500 jobs and increase Lucid's global production capacity to 500,000 EVs when fully operational.

Asharq Al-Awsat

Foundation Stone Laid for First Lucid Plant in Saudi Arabia

US-based Lucid Motors on Wednesday laid the foundation stone for its first-ever electric car plant outside the US at King Abdullah Economic City (KAEC) in the Saudi western city of Rabigh. Minister of Industry and Mineral Resources Bandar Alkhorayef announced that Saudi Arabia is targeting manufacturing of more than 300,000…

Benzinga

Lucid Sets Stage For First Overseas Manufacturing Facility With Partners In Saudi Arabia

Lucid Group Inc (NASDAQ:LCID) has set the stage for constructing AMP-2, a production factory in Saudi Arabia with a capacity of 155,000 electric vehicles. The agreement is estimated to provide financing and incentives to Lucid up to $3.4 billion in aggregate over the next fifteen years to build and operate a manufacturing…

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StockNews.com

Nikola vs. Lucid Group: Which EV Stock is a Better Buy on the Dip?

Today I will analyze and compare Nikola (NKLA) and Lucid Group (LCID) to determine which electric vehicle stock is currently a better investment.

Benzinga

Why Lucid Shares Are Sliding Today

Lucid Group Inc (NASDAQ: LCID) shares are trading lower Wednesday alongside several companies in the broader consumer discretionary space amid overall market weakness as investors digest the latest U.S. inflation data, which came in higher-than-expected.

InsideEVs

Lucid Makes European Debut With €218,000 Air Dream Edition

Lucid will only sell the Air Dream Edition to existing reservation holders in Germany, the Netherlands, Norway, and Switzerland.

Benzinga

A Lucid EV Burnt Down In 3 Mins While Being Ferried Last Month: What Really Happened

A Lucid Group Inc (NASDAQ: LCID) Air Dream was burnt to a crisp within minutes last month while being transported in Bridgewater, Massachusetts, CarScoops

Benzinga

This Tesla Rival Looks To Expand Footprint Outside US Amid Demand For EVs

Lucid Group Inc (NASDAQ:LCID) is planning to launch its luxury electric sedans in Europe later in 2022, Reuters reported. The Tesla, Inc.(NASDAQ:TSLA) rival aims to expand its footprint outside the U.S. amid strong global demand for electric vehicles (EVs). The company plans to launch its Lucid Air Dream Edition P and R sedans…

Benzinga

Following In Tesla's Footsteps, This EV Maker Increases Car Prices In Canada

Tesla (NASDAQ: TSLA) raised prices of its Model Y SUV models in Canada last week, and luxury electric vehicle manufacturer Lucid Group, Inc.

Benzinga

EV Week In Review: Tesla Has Good News On Shanghai, Nio's Plans Amid Delisting Risk, And This Auto Giant Renews EV Leadership Pledge

Electric vehicle and allied sector stocks extended their losses in the week ending May 6, caught in the vortex of the broader market sell-off seen in the final two sessions of the week. Chinese EV stocks led the week's retreat amid fears that they could be potentially delisted from U.S. exchanges.

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