Lucid Motors' EV output falls to lowest level in almost 2 years
The company is deliberately limiting production after years of struggling to find mass-market demand for its EVs.


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The company is deliberately limiting production after years of struggling to find mass-market demand for its EVs.

Lucid delivered 3,806 EVs and produced 2,954 units during the third quarter. That compared to 4,078 deliveries on production of 3,891 EVs a year earlier.

The company is partnering with mobility platform Bolt -- but no vehicle orders have been placed just yet.

Volkswagen's new efficiency-minded halo car is almost twice as efficient as the most efficient production car, the Lucid Air.

While Rivian is losing a key executive at perhaps an inopportune time, the situation is far different than the red flag being raised for rival Lucid's departur…

NHTSA flags a low-voltage lighting fire risk on the Lucid Air, with a July over-the-air update already mitigating the problem on most cars.

The Lucid Gravity GT-S delivers 1,070 horsepower, three-row seating, and U.S. pricing from $125,900 before options, taxes, and destination charges.

Lucid's new CEO says the EV maker launched cars before they were ready and let customers down
The Cosmos electric mid-size SUV won't arrive until the second half of 2027.

The Cosmos EV is now slated for release in the second half of 2027. CEO Silvio Napoli said he's focused on getting the EV right, as well as its nearer-term rob…

Lucid's new CEO Silvio Napoli listed four must-win priorities, including the successful launch of its midsize EV, finishing a factory in Saudi Arabia, cutting…

The company didn't provide updated guidance. New CEO Silvio Napoli earlier this year suspended production expectations.

The investment comes after speculation that Saudi Arabia may take Lucid Motors private -- which the EV maker has denied.

Lucid denied bankruptcy rumors. Its make-or-break midsize EV is still a race against time.
Lucid's bankruptcy rumor is a bad sign for the EV future

EV maker's stock down more than 50% intraday, then pares the bulk of those losses after Lucid says 'the rumors are completely false'
The report said Lucid was considering options that could include going private or filing for bankruptcy protection.

The company said the "rumors are completely false" after its stock sank more than 50% on a report that it was weighing the option.

California's new EV incentive gives a leg up to Lucid and Rivian
The company announced a new slate of executive hires meant to help turn things around, as Gravity SUV sales are not taking off as expected.

Lucid's goal to 'simplify' the company includes 18% layoffs - and eliminating the COO role entirely
Lucid Group is cutting its U.S. workforce by 18% as part of a cost-savings plan. It also said COO Marc Winterhoff is departing effective immediately.

The company is also eliminating a production shift at its Arizona factory to align "production plans with anticipated demand."

This will be the second market to have an Uber robotaxi service outfitted with Lucid EVs equipped with a self-driving system from Nuro.

Lucid Group, Inc. (NASDAQ:LCID) executive Nick Twork shared his first experience riding inside the company's upcoming autonomous robotaxi service. Twork descri…

Lucid Motors pulled its guidance for the year, as it navigates swelling inventory and a companywide cost-cutting measure.

Lucid Group said it will make moves to better align its production with customer demand for its luxury all-electric vehicles.

Hertz is creating a new affiliate company called "Oro Mobility" to provide fleet management solutions "across a range of mobility segments."

The announcement comes amid concerns from investors about Lucid's ability to stay afloat.
Lucid sells more robotaxis to Uber, appoints a new CEO

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