Lucid hires Waymo veteran as CFO
Sherry House, who was treasurer and head of investor relations at Waymo, starts in her new role at Lucid this week......»»
EV startup Lucid Motors gets $6M state grant for Detroit area R&D center
Lucid plans a 30,000-square-foot office space in Southfield, Mich., initially, with intentions to expand with an additional 50,000-75,000 square feet......»»
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......»»
California regulators postpone decision on Waymo"s self-driving expansion plan
Waymo will wait a little longer to hear whether California regulators approve the self-driving tech company's ambitious expansion request......»»
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......»»
Scout Motors, forging ahead as EV growth slows, breaks ground on S.C. plant
The groundbreaking of Scout Motors' $2 billion plant follows the fledgling automaker's decision to set up core R&D operations in Metro Detroit and a number of key hires......»»
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......»»
Crashes prompt Waymo software recall
The Waymo recall is just the latest blow to the robotaxi industry......»»
Rivian hires marketing chief from Meta after signing execs from Apple, Porsche and Stellantis
The new CMO, Jennifer Prenner, has held posts at Meta and Amazon. She joins recent executive hires from Apple and Porsche as Rivian prepares to present its R2 platform for future models in March......»»
San Francisco Waymo arson sparks fresh debate on self-driving cars
A crowd attacked a Waymo robotaxi when it drove toward revelers in San Francisco celebrating the first day of Chinese New Year......»»
Mob sets Waymo car ablaze in San Francisco
An autonomous Waymo met an untimely end thanks to an unruly mob. Enlarge / A fire starts inside a Waymo car after a vandal threw a lit firework through the window. (credit: Anirudh Koul) This weekend marked Chinese New.....»»
Crowd torches Waymo self-driving car in San Francisco
The incident was not the first time people harassed self-driving cars, but its severity signals growing public hostility toward the vehicles......»»
Waymo robotaxi attacked and set on fire in San Francisco
Investigators are trying to determine what prompted a crowd in San Francisco to attack a Waymo robotaxi in San Francisco on Saturday night......»»
GM hires Kurt Kelty, formerly of Tesla, to lead automaker"s EV battery strategy
Kurt Kelty will be tasked with leading GM's overall approach to EV batteries, including sourcing raw materials and investing in and commercializing battery technology......»»
Driverless Waymo car hits cyclist in San Francisco, causes minor scratches
The accident occurred after the cyclist was hidden by a truck and not visible as they crossed into the Waymo vehicle's path, the company said......»»
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......»»
AI can now master your music—and it does shockingly well
Suddenly, everyone can master their own music. Enlarge (credit: Aurich Lawson | Getty Images) It was just a stray remark at the end of a guitar lesson last fall. My teacher is a veteran musician whose band has had both m.....»»
Waymo"s ambitious robotaxi expansion plan could be tempered by proposed California legislation
Waymo wants to expand driverless service across metro Los Angeles and through much of the San Francisco Peninsula. But proposed legislation that would give every town and county power to make their own rules is a big potential roadblock......»»