Lucid forecasts annual vehicle production below estimates
(Reuters) -Lucid Group forecast annual vehicle production far below analysts’ estimates on Wednesday, on signs that demand for its luxury electric vehicles will slow down …
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EV maker Lucid recalls over 2,000 luxury sedans due to faulty component
(Reuters) – Lucid Group is recalling more than 2,000 units of its Air luxury electric sedan for potential faults in early versions of a part …
Lucid has assembled near 800 cars in Saudi plant, focused on training -VP
By Pesha Magid RIYADH (Reuters) – Lucid Group has assembled almost 800 cars in its Saudi Arabian factory since its opening, with its main focus …
Lucid cuts prices of electric sedans for limited time amid EV price wars
(Reuters) – Lucid Group cut prices of its Air range of luxury sedans earlier this week for a limited time ahead of the holiday season, …
Lucid opens first international EV factory in Saudi Arabia
(Reuters) – Electric-vehicle maker Lucid Group said on Wednesday it had opened its first international manufacturing plant in Saudi Arabia’s Jeddah city, under a deal …
Lucid CEO says Aston Martin EV tech deal is just the beginning
By Nick Carey LONDON (Reuters) – Lucid will pursue more deals to sell its luxury electric vehicle (EV) equipment as it looks to grow its …
Lucid losses put Saudi Arabia’s EV strategy in the headlamps
By Yousef Saba and Rachna Uppal DUBAI (Reuters) – Lucid’s electric vehicles are often displayed prominently at public events and financial conferences in Saudi Arabia …
Lucid joins Tesla-led EV price war with discounts on some Air models
(Reuters) – Lucid Group said on Thursday that customers will get a $7,500 credit on buying certain variants of the Air luxury electric car, revving …
Panasonic agrees to supply EV batteries to Lucid Group
TOKYO (Reuters) – Tesla Inc battery maker Panasonic Holdings on Tuesday said it had concluded an agreement to supply lithium-ion batteries to electric vehicle (EV) …
EV maker Lucid halves 2022 production forecast as supply chain snarls hit
(Reuters) – Lucid Group on Wednesday halved its production forecast for electric vehicles, blaming extraordinary supply chain and logistics challenges, sending its shares down 10% …
Lucid Motors recalling 1,100 U.S. vehicles over display issue
WASHINGTON – Lucid Motors said Wednesday it is recalling 1,100 2022 Air vehicles because display screens may fail to work due to a wiring harness …
Lucid CEO concerned about chip supplies from China due to COVID-19
By Hyunjoo Jin SAN FRANCISCO -The chief executive of Lucid Group Inc on Wednesday expressed concern about chip supplies from China due to COVID-19 pandemic-related …
Lucid cuts 2022 production goal, shares slide
SAN FRANCISCO – Luxury electric car maker Lucid Group on Monday revised down its production forecast for this year due to “extraordinary supply chain and …