Are You a Lucid Dreamer?
A sleep researcher who studies what dreams can tell us about the possible onset of some mental disorders believes lucid dreamers might hold a lot of answers in their heads. .....»»
EV startup Lucid plans $10M R&D center, 260 jobs in Detroit area
Company representatives are expected to bring a prototype of the Lucid Gravity – the automaker’s planned new crossover vehicle – to Lansing, Mich., for a show-and-tell with public officials Tuesday......»»
Rivian, Lucid earnings reports tell a tale of a tough EV market
Rivian and Lucid are burning through cash. Sales are expected to be flat this year. The EV startups, along with Tesla, are trying to move downmarket for growth......»»
Silicon Valley EV startup plans $10M engineering center in Southeast Michigan
Electric vehicle startup Lucid Motors is planning to invest $10 million and create 250 jobs at a new engineering research and development center in metro Detroit......»»
Lucid says Q4 net losses widen to $654 million, predicts stagnant production
The EV maker said its full-year 2023 net loss was $2.83 billion compared with 2022's net loss of $1.3 billion. Its stock price fell sharply after the disappointing fourth-quarter earnings report......»»
Rivian and Lucid to report Q4 earnings as the once-hot startups face cooling EV demand
Rivian and Lucid cut vehicle prices in February even as both burn through cash. The startups once had higher market valuations than GM or Ford but are now worth a small fraction of their market peaks......»»
Lucid cuts U.S. prices, joining Rivian and Tesla as EV startups face easing demand
Lucid's base Air sedan gets a $7,500 reduction, now starting at $71,400 with shipping. The move comes after a $3,100 price cut on base Rivian models and a $1,000 discount on some Tesla Model Y trims......»»
Lucid turns to Saks Fifth Avenue for test drives, marketing
As some EV startups recruit U.S. dealers for retail help, Lucid is partnering with Saks for Air sedan test drives and marketing. Air sales fell 10 percent in the fourth quarter to 1,734 despite generous promotions......»»
Lucid expands plant for 2025 Gravity crossover as demand wanes for Air sedan
The automaker adds 3 million square feet to its Arizona factory ahead of production of the Gravity. U.S. registration data shows the Air with just 0.5 percent of EV segment in November despite sales promotions......»»
Lucid plant prepares to shift toward crossover production
The automaker adds 3 million square feet to its Arizona factory ahead of production of the Gravity. U.S. registration data shows the Air with just 0.5 percent of EV segment in November despite sales promotions......»»
Lucid delivered just 6,001 electric sedans in 2023
The Saudi-backed builder of high-end EVs is not having an easy time. Enlarge / Lucid has dropped the Air's drag coefficient to just 0.197, making it the most aerodynamic car on sale. (credit: Jonathan Gitlin) When we sa.....»»
Lucid Q4 deliveries fall 10%; stock plummets
The EV startup reported 1,734 deliveries in the most recent quarter and full-year sales of 6,001. Lucid has repeatedly cut its production forecasts amid weak demand for its luxury Air sedan......»»
Lucid Gravity vs. Tesla Model X: Luxury electric SUVs duke it out
The Tesla Model X has some serious competition -- the Lucid Gravity has been revealed, and it has a lot to offer. But how do they compare?.....»»
Lucid Group"s CFO Sherry House leaves struggling luxury EV maker
House is leaving as the luxury EV maker struggles with weak demand for its first vehicle, the Lucid Air sedan, and before launching the Gravity crossover next year in hopes of boosting sales......»»
Lucid cuts 2024 prices to expand market for Air sedan
The EV maker is reducing trims from four to three and expanding options packages. The most inexpensive Air is $78,900 with shipping vs. $83,900 for the 2023 model year, Lucid says......»»
Lucid Gravity: Range, charging, price, release date, and more
Another top dog in the world of electric SUVs could be on the way. The Lucid Gravity has been announced, and is set to finally launch next year......»»
Lucid targets popular niche with Gravity crossover
The startup's slow-selling Air sedan launched with a six-figure price tag and a limited audience. Next year, Lucid will try again with a popular body style and an $80,000 starting price......»»
Lucid enters the crossover market with $80,000 Gravity
The startup's second vehicle and first crossover combines luxury, performance, and around 440 miles of range at a price similar to its Air sedan. Production is expected in late 2024......»»
Lucid cuts 2023 production forecast after $631 million Q3 net loss
The startup reduced 2023 guidance for the Air sedan to between 8,000 and 8,500. Previous guidance was "more than 10,000." Lucid said the lower range is more in line with sales expectations......»»
Lucid joins other automakers by adopting Tesla charging plug
Lucid Motors has become the latest automaker to announce that it will adopt the North American Charging Standard (NACS) for its electric vehicles......»»
Lucid faces tough Q3 earnings call after slow sales, price cuts
The startup is expected to lose $338,000 for every Air sedan it makes this year, according to Bloomberg Intelligence. On the upside, Lucid will present its new Gravity crossover on Nov. 16......»»