Focus on Lucid Group, Inc.
Lucid beats estimates for EV deliveries as price cuts, cheaper financing spur demand
Lucid tops Q4 delivery estimates, raises production, fueling a six per cent share jump for the Saudi-backed luxury EV maker.
EV companies, battery makers urge Trump not to kill vehicle tax credits
Major EV manufacturers urge Trump to retain tax credits, warning cuts could hurt jobs in key states like Ohio and Michigan.
Lucid beats revenue estimates, reaffirms annual production
The company reported third-quarter revenue of $200 million, narrowly beating estimates of $198 million, according to data compiled by LSEG.
Lucid to open orders for Gravity electric SUV next week
Lucid Group will open orders for its Gravity SUV on Nov. 7, aiming to attract more customers after raising $1.75 billion.
US automakers urged to innovate despite tariffs on Chinese rivals
U.S. auto leaders warn against complacency as Chinese rivals outpace in EV tech, despite short-term tariff relief.
Lucid says its stock sale will provide ‘cash runway’ well into 2026
Lucid CEO Peter Rawlinson says the stock sale will provide the electric luxury sedan maker with a "cash runway well into 2026."
EV-maker Lucid expects to raise $1.67 billion from stock sale
Lucid plans a $1.67B stock sale amid cash woes, forecasting a larger-than-expected Q3 loss and a 17 per cent premarket share drop.
EV firm Lucid beats Q3 deliveries estimate as price discounts boost demand
Lucid Group exceeded Q3 delivery estimates, driven by discounts and cheaper financing for its luxury EVs despite economic challenges.
Lucid gets $1.5bn from Saudi fund, quarterly revenue beats estimates
Electric SUV production to be ramped up by Lucid following cash injection from Saudi Arabia's Public Investment Fund.
What are EV startups doing to ride out weak demand?
(Reuters) -Fisker filed for bankruptcy protection on Monday, the latest electric-vehicle startup to succumb to fundraising difficulties, slow sales, as well as supply...
