Lucid (LCID) CEO Peter Rawlinson is passing the baton just as the EV maker enters a critical growth phase. After over a decade at the helm, Rawlinson said it’s the right time to step aside. Following the sudden announcement, Lucid’s stock fell over 12% on Wednesday. Despite this, Lucid expects 2025 will still be one of its biggest so far.
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EV startup Lucid Motors (LCID) released its fourth-quarter earnings on Tuesday, beating estimates with big expectations for 2025. Lucid said it expects to produce about 20,000 EVs this year with the output of its first electric SUV, the Gravity, ramping up.
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Can Lucid (LCID) make 1 million EVs a year? CEO Peter Rawlinson said this is his vision, and Lucid has ambitious plans to achieve it. After launching its first electric SUV, the Gravity, Lucid will enter the mass market with its midsize platform starting at around $50,000. Rawlinson said this is “finally when we compete directly with Tesla,” but the EV maker has even bigger plans to drive growth.
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After launching its first electric SUV in December, Lucid’s (LCID) US sales climbed 51% last month from a year ago. According to a new report, Lucid sold 50 Gravity models in its first month on the market.
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Lucid’s (LCID) first electric SUV, the Gravity, will officially be able to charge up at Tesla Superchargers starting on January 31. With access coming soon, Lucid shared details about its new tech that unlocks even faster charging.
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The EV maker just secured another significant milestone as it looks to accelerate growth in 2025. Lucid (LCID) is now the first carmaker to earn the “Saudi Made” logo on its EVs. The badge symbolizes “quality, excellence, and customer trust” as The Kingdom shifts from oil to EVs.
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Lucid (LCID) confirmed that its new Gravity SUV will provide up to 450 miles of EPA-estimated driving range. Powered by Panasonic’s high-performance EV batteries, Lucid promises the Gravity is “a groundbreaking new class of SUV.” Here’s what you need to know about Lucid’s new EV.
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Lucid’s (LCID) stock is trending on Monday after the EV maker reported record deliveries for the fourth straight quarter. Production also picked up in Q4, pushing Lucid over its 2024 target.
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If you own a Lucid EV, try saying “Hey Lucid” next time you drive it and see what happens. Lucid (LCID) launched a new AI assistant that allows you to interact with your vehicle in new ways. Here’s how it works.
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Lucid (LCID) may be in line for several new EV partnerships. CEO Peter Rawlinson revealed that the company is actively talking with “a couple” of automakers about supplying its tech.
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Lucid Motors (LCID) is celebrating a massive accomplishment after the first Gravity electric SUV rolled off the production line at its Casa Grande plant in Arizona on Thursday.
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Lucid (LCID) teased Jaguar after the British automaker previewed its “Dramatic” upcoming ultra-luxury EV model. The shade comes as Jaguar prepares to launch a series of all-electric luxury EV models priced over $100,000.
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That $20,000 luxury Lucid EV you’ve been waiting for will likely never hit the market. CEO Peter Rawlinson said Lucid (LCID) has no plans to launch a $20K vehicle. However, it could play a role in bringing cheaper EVs to market.
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If you ask Lucid (Lucid) CEO Peter Rawlinson, the company is the “most immune” EV maker if President-elect Donald Trump cuts the federal tax credit for electric cars. Despite the claim, Lucid’s stock is hitting a new all-time low at under $2 a share.
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There’s a new sheriff in town. A modified version of Lucid’s Air EV was recently tested by the California Highway Patrol. The fierce-looking “Lucid Pursuit” will catch you if you try to run with unrivaled range and performance.
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Lucid Motors (LCID) announced it has enough funding for “well into 2026” after releasing third-quarter earnings. After its third straight quarter of record deliveries, Lucid will begin building its first electric SUV, the Gravity, later this year.
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Home to luxury automakers like Porsche and BWM, Lucid Motors (LCID) is making a name for itself in Germany. Lucid just had its second consecutive month of record EV registrations in Europe’s largest auto market.
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Lucid Motors has finally set a date to begin taking orders for its flagship SUV, Gravity. We’ve learned that Lucid has maintained the initial pricing of Gravity below $80,000, which was announced when it launched. That said, another trim that’s a bit more expensive is going on the market.
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Despite admitting “the market is tough,” Lucid Motor’s (LCID) CEO Peter Rawlinson said the luxury EV maker is outpacing its rivals.
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Lucid Motors (LCID) stock was down as much as 20% during Thursday’s pre-market after the company announced plans to sell over 262 million shares. The new stock offering is causing share prices to slide ahead of Lucid’s first electric SUV, the Gravity, which will launch later this year.
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Lucid Motors (LCID) just broke its delivery record again in Q3 as new incentives boosted demand. The EV maker has now delivered more vehicles in 2024 than it did all of last year.
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Lucid’s luxury EV is now more affordable than ever. With up to $15,000 in savings on 2024 Lucid Air Pure models, lease prices have dropped below $550 per month.
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EV maker Lucid Motors (LCID) opened its new office in Detroit this week, hoping to attract engineers from “one of the biggest talent pools in the Western world.”
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Lucid’s (LCID) latest software update rolled out today, unlocking a host of new features, such as 3D lane visualization and turn-by-turn navigation with Apple CarPlay. Here’s what else is new in Lucid UX 2.4.
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