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The Latest Breaking News from Lucid

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

Lucid Makes a Bold Decision to Solve A Big Problem

The electric vehicle manufacturer is trying to find solutions to supply chain problems that are far from being resolved.

The Street

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

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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.

Benzinga

Lucid Air Now More Expensive But You Can Still Order At Current Price In May

All versions of the Lucid Air will cost around 10 percent more, with the new pricing scheme being used as of June 1.

InsideEVs

Lucid To Hike EV Prices From June, Sticks To Lowered 2022 Target As Supply Issues Linger

Lucid Group Inc (NASDAQ: LCID) said on Thursday it would increase the prices of its electric vehicles from June and stick to its lowered production target for 2022 that it had provided in March due to supply chain issues.

Benzinga

Lucid Produced 700 Cars In Q1 2022, Delivered 360 To Customers

Lucid's total production in the first quarter of this year was 700 vehicles, but even so, the 12,000-14,000 manufacturing target for 2022 looks optimistic.

InsideEVs

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What's Going On With Lucid Group Stock?

Lucid Group Inc (NASDAQ: LCID) shares are moving higher in Thursday's after-hours session after the company reported better-than-expected

Benzinga

Lucid Earnings: Analyst Flags These Worries After Tesla Rival's Cash Burn, EV Price Hikes

Lucid posted a far smaller-than-feared loss. Lucid stock rose as the EV startup reaffirmed its production target.

Investors Business Daily

Damaged 2022 Lucid Air Dream Edition Pops Up On Copart

The car auction platform estimates its value in its current state as being around $169,000, exactly its original MSRP.

InsideEVs

Lucid's Design Studio Sees Designers Work Closely With Engineers

The studio's open concept allows designers to work together more easily and interact with employees from different departments to streamline the design process.

InsideEVs

Lucid Air Review: The Best Electric Car In The World?

The Lucid Air can seemingly do it all, at least on paper. But in reality can it live up to expectations?

InsideEVs

Lucid CEO Made Over $260 Million In Performance-Based Awards In 2021

Peter Rawlinson got the performance-based awards when Lucid's market cap was at its highest, just before the EV startup's shares plunged by two-thirds.

InsideEVs

This Week Marks Big EV News From Ford, GM, And Lucid: Apr 29, 2022

There's never a dull week when it comes to EV news, and this week was no exception. We provide just a slice of some compelling stories for you to share.

InsideEVs

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Motor1

SUV Mania Is Everywhere, But These 11 Manufacturers Don't Build Any

With higher profit margins, SUVs from Alpine, Ferrari, and Polestar are coming within the next two years.

The Street

Lucid, a Big Tesla Rival, Has Some Very Good News

The young manufacturer of luxury electric sedans is trying to navigate the disruption caused to supply chains by the pandemic.

Benzinga

Why Lucid Shares Are Rising Today

Lucid Group Inc (NASDAQ: LCID) shares are trading higher Wednesday after the company announced an agreement with the Government of Saudi Arabia, under which the Government will purchase up to 100,000 vehicles over a ten-year period.

InsideEVs

Lucid Scores 100,000-Vehicle Order From Saudi Arabia Over Ten Years

At the beginning, the Kingdom is expected to order 1,000 to 2,000 vehicles annually, with the quantity to increase to 4,000-7,000 vehicles annually from 2025.

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Asharq Al-Awsat

Saudi Arabia, Lucid Motors Sign Deal to Purchase Up to 100,000 Electric Cars Over 10 years

The Saudi Government announced Tuesday that it has struck an agreement with Lucid for the purchase of up to 100,000 of its vehicles over the next 10 years. This agreement is a significant move that supports the key objectives of Vision 2030 including diversifying and transforming the economy, society and…

Benzinga

Tesla Rival Lucid Bags Deal To Sell 100,000 EVs To Saudi Arabia

Lucid Group Inc (NASDAQ: LCID) said on Tuesday it has entered a deal with the government of Saudi Arabia to sell up to 100,000 electric vehicles over the next 10 years, sending shares of the luxury electric vehicle startup higher after the bell.

InsideEVs

Lucid Air Reportedly Launching In Europe In June Or July

The electric vehicle startup also has plans to expand into China come 2023, according to the same source.

Benzinga

Why Rivian And Lucid Shares Are Tapping The Brakes Today

Shares of several companies in the broader consumer discretionary sector including Rivian Automotive Inc (NASDAQ: RIVN) and Lucid Group Inc (NASDAQ: LCID) are trading lower Monday amid overall market

InsideEVs

Tesla, Lucid, Jeep, Toyota And More: Top EV News Apr 14, 2022

This week has been packed with more EV news that just about anyone can cover. We've got big stories from EV startups and some surprises from legacy brands.

The Street

Lucid Draws 2 Powerful Weapons in Battle Against Tesla

The competition in the market for ultra-luxurious electric vehicles is likely to get fierce, particularly between Lucid and Tesla.

Investors Business Daily

Nvidia Wins BYD And Lucid, Key Tesla Rivals, As Its Auto Pipeline Swells

Chip and auto giants continue to make progress on self-driving cars. Still, many hurdles remain for fully autonomous driving.

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