Lucid Motors Overview Updated July 1, 2019

Lucid Motors

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31 'Lucid Motors' stories

October 2016 - July 2019

Lucid Motors Stories July 1

Tesla’s head of production in charge of its Fremont factory, Peter Hochholdinger, is going to hold a similar position at Lucid Motors, an electric car startup looking to soon move to production. expand full story

Lucid Motors Stories April 23

Lucid CEO retires; CTO Peter Rawlinson, former Tesla engineer, to take over

Lucid Motors has appointed its CTO Peter Rawlinson to CEO. Rawlinson, who was Chief Engineer of the Model S while at Tesla, will also retain his position as CTO.

Lucid Motors Stories February 22

Lucid Motors is working on an electric SUV, and the company may reveal its design as soon as this summer, according to a new report.

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Lucid Motors Stories September 25, 2018

Fresh off its new $1 billion round of funding from Saudi Arabia, Lucid Motors is announcing today a new partnership with Electrify America “to provide Lucid customers a nationwide charging plan.” expand full story

Lucid Motors Stories September 17, 2018

Over the last two years since unveiling its Lucid Air premium sedan and its plan for a massive EV factory in Arizona, Lucid Motors struggled to secure the funding to get things going.

Today, the startup finally announced that it secured an investment of “over $1 billion” from Saudi Arabia to finally build its electric vehicle factory. expand full story

Lucid Motors Stories September 6, 2018

Laguna Seca is becoming a popular track for manufacturers to run their vehicles around.  Just a few weeks after Jaguar announced that their I-Pace set a “production EV lap record” at the track, Lucid has announced today that their upcoming Air sedan positively smashed that time, setting a 1:41.67 time in comparison to Jaguar’s 1:48.18.

The caveat here is that the Lucid is not yet a production car, and though Lucid claims the car’s powertrain was configured with “showroom intent,” it featured modified high-temperature brakes and a stripped-down interior with rollcage, racing seats and fire suppression system.

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Lucid Motors Stories August 20, 2018

Tesla CEO Elon Musk is relying, at least partly, on the Saudi Arabian sovereign wealth fund to finance the automaker’s take-private move.

But the company might have to compete for that money since the fund has reportedly signed a deal to finance Lucid Motors, an EV startup aiming to compete with Tesla. expand full story

Lucid Motors Stories July 3, 2018

We haven’t heard anything from Lucid Motors for a while as their production plans for the Lucid Air are still dependent on them closing a significant series D financing round.

Despite the production plans still being murky, Lucid’s development program is still ongoing.

Recently, they even broke the latest production EV record at Laguna race track… though they broke it with a Tesla Model S P100D and not their own electric car. expand full story

Lucid Motors Stories November 27, 2017

Last time we heard about Lucid Motors, a US-based startup developing electric vehicles, they were having difficulties raising a round of financing to start building their factory in Arizona.

Today, the startup announced that it outgrew its headquarters in Menlo Park and it is expanding to new headquarters in Newark, California. expand full story

Lucid Motors Stories August 18, 2017

Lucid Motors brought a new prototype of its all-electric Air sedan at the Pebble Beach Concours d’Elegance during the Monterey Car Week. expand full story

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