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The Latest Breaking News from Peter Rawlinson

Lucid is Coming for Tesla With Plans for More Affordable EVs

Following two expensive luxury models, Lucid wants to expand its portfolio to include more affordable EVs.

Inverse

Future Mass-Market EVs Only Need 250 Miles Of Range: Lucid CEO

Peter Rawlinson said smaller battery packs and high energy efficiency will have the biggest impact on the mass market electric car, not long driving range.

InsideEVs

Lucid CEO Says More EV Tech Supply Deals To Come After Aston Martin

Lucid will supply Aston Martin with EV powertrain tech including a rear drive unit with twin motors, battery modules, and software for integrating systems.

InsideEVs

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Lucid Appears Reluctant To NACS, Needs High-Voltage Version

Lucid Motors is not expected to be among the first movers to adopt the Tesla's North American Charging Standard (NACS).

InsideEVs

Lucid Lowers 2023 Production Forecast, Posts $780 Million Q1 Loss

The EV startup says it ended the quarter with approximately $4.1 billion total liquidity, which is enough to fund it "at least into the second quarter of 2024."

InsideEVs

Lucid Embarks On 42-City Tour Across US To Grow Air Sedan Sales

"We've got the best car in the world and not enough people know about it," CEO Peter Rawlinson said in February; Lucid is hoping the US tour can change that.

InsideEVs

The SEC's new CEO pay rule falls short of revealing the truth

The numbers are still based on estimates of values that won’t be known for years.

Fortune

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Lucid Debuts 469-HP Electric Drive Unit For Racing That Weighs 70 Pounds

The EDU combines an electric motor, inverter, differential, and transmission in a compact, lightweight package.

Motor1

Deliveries Of Entry-Level Lucid Air Pure Are Now Underway

Deliveries of the Air Pure, the entry-level version of the Lucid Air, are now underway in California.

InsideEVs

Lucid CEO Says EV Efficiency Is Key When It Comes To Cheaper Cars

Batteries are expensive, and, to some degree, scarce. When EVs need fewer batteries to travel longer distances, costs will drop and adoption will increase.

InsideEVs

Lucid Opens Its First Middle East Store In Saudi Arabia

The opening of Saudi Arabia's first Lucid Studio comes after the EV startup said it is building a plant in the country that has placed an order for 100,000 EVs.

InsideEVs

'Lucid' Group Launches 1st Middle East Studio in Saudi Arabia

Lucid Group, setting new standards with the longest-range, fastest-charging electric car on the market, announced the opening of its first Studio in the Middle East in Riyadh. "The launch of our first Studio in the Middle East marks yet another step towards Lucid's mission to inspire the adoption of sustainable…

Asharq Al-Awsat

General Motors 'Marching Towards An Electric Future': Former Tesla Executive Joins Company

The battle between electric vehicle leader Tesla Inc (NASDAQ: TSLA) and other traditional gas-powered traditional automakers is expected to heat up in coming years. Now, a former Tesla executive has jumped on board with a future rival.

Benzinga

You Will Understand Electric Motors After Watching This Lucid Tech Talk

Set one hour and twenty minutes aside for this in-depth explanation on Lucid makes one of the world’s most power-dense electric motors and how it compares to rivals.

InsideEVs

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InsideEVs

Is Lucid Teasing A Tri-Motor Air To Go Up Against Model S Plaid?

The EV maker remains secretive for now, only saying that August 19 will bring the "global debut of a new vehicle variant that could only come from Lucid."

InsideEVs

Lucid CEO Peter Rawlinson Now Spending Bulk Of Time On Factory Floor

Lucid Motors CEO Peter Rawlinson is spending the majority of his time on the factory floor, just like Tesla CEO Elon Musk 5 years ago.

Benzinga

Tesla Dominance Put To The Test: How EV Upstarts Lucid, Rivian, Fisker Stack Up In Q2 Results

Electric vehicle start-up Lucid Group Inc. (NASDAQ: LCID), and Fisker Inc. (NYSE: FSR) announced quarterly earnings on Wednesday, drawing comparisons to industry leader Tesla Inc.

InsideEVs

Lucid Cuts 2022 Production Forecast Once Again To 6,000-7,000 EVs

Lucid's Q2 financial results also reveal that the company delivered 679 vehicles in Q2—up from 360 in Q1—and built 1,405 in the first half of the year.

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InsideEVs

Lucid Hires Two Key Execs To Help It Expand To Europe, Middle East

Lucid Group aims to open new stores in the Netherlands, Norway and Switzerland this year and break ground on its Saudi Arabia plant in the second half of 2022.

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.

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…

InsideEVs

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

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 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

Tesla's Vertical Integration Is Something Automakers Are Eager To Copy

Auto manufacturing has relied on suppliers for decades, though the emergence of software-based EVs has many brands questioning the age-old model.

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