The U.S. Securities and Exchange Commission has subpoenaed yet another EV startup: Lucid Motors. Per a regulatory filing, Lucid Group, Inc. received the subpoena on December 3 and the regulator is seeking documents related to an investigation. Although precisely what the SEC is interested in is not established in the filing, “the investigation appears to […]
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Lucid Motors is now valued higher than the Ford Motor Group, as its market capitalization rose a day after its quarterly financial results. A significant driver of Lucid’s value was the delivery of the first few Air sedans a few weeks earlier. Lucid’s stock value jumped nearly 24 percent on Tuesday, closing at $55.42 per […]
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Lucid Motors is “confident” that it will be able to build 20,000 vehicles throughout 2020. The electric vehicle startup reported its first quarterly financial results as a public company earlier in the week, noting a net loss of $524.4 million in Q3. It also reported a loss of $1.5 billion through the first nine months […]
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The Lucid Air has been named the 2022 MotorTrend Car of the Year, becoming just the third electric vehicle to take out top honors in the test during the last decade. Meanwhile, the Genesis GV70 has been named SUV of the Year. This year’s test consisted of 25 vehicles before the judges narrowed the field […]
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This weekend won’t be spooky for some people, it will be a dream, as their Lucid Airs are finally delivered. The company announced today that its first customer deliveries will take place on Saturday, October 30. The first models delivered will be the Lucid Air Dream Edition. The launch version of the car, it features […]
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The chief executive of Lucid doesn’t think we will see fleets of self-driving taxis for another decade. Hot on the heels of Lucid beginning production of the all-electric Air, chief executive Peter Rawlinson told Reuters that technological hurdles will prevent robotaxis from becoming commonplace anytime in the near future. “I think we’re 10 years out […]
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Lucid has announced pricing details for the full range of the Air in Canada which is now available to reserve with a CA$400 (US$322) deposit. Sitting at the base of the Lucid Air lineup in Canada is the Pure model. It will be priced from CA$105,000 (US$84,712) and pumps out 480 hp, while Lucid expects […]
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Lucid is ramping up to get its first car, the Air, on the road, and among its selling features will be DreamDrive, the company’s bundle of advanced driver assistance systems. The company unveiled the features that will be available at launch and how it plans to keep the technology up to date. From launch, the […]
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Hell has apparently frozen over as two different EV startups have begun production this month alone. The first occurred on September 14th, when a Rivian R1T rolled off the assembly line in Normal, Illinois. Now, two weeks later, Lucid has built the first Air in Arizona. This is a huge accomplishment for the automaker as […]
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The semi-finalists for the 2022 North American Car, Truck and Utility Vehicle of the Year have been announced at Motor Bella. After an initial round of voting, 23 out of 36 eligible vehicles will be competing for top honors. Among them are eight cars, six trucks and nine utility vehicles. Without further ado, let’s meet […]
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