Lucid founder CEO Peter Rawlinson suddenly quit in February. Lucid expects to double production in 2025. However, not many are convinced about the EV maker's capabilities. After announcing a new ...

This performance is further bolstered by a new Panasonic battery cell, which has chemistry enhancements developed through close collaboration between Lucid and Panasonic. Combined with Lucid's ...

Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson has stepped down. The company expects to more than double vehicle production this year to 20,000 units. For the period ended ...

Lucid Group (NasdaqGS:LCID) recently experienced a 5% rise in its share price over the last quarter, coinciding with several significant developments. The appointment of Marc Winterhoff as Interim CEO ...

Shares of electric vehicle maker Lucid Group were down more than 10% Wednesday following a downgrade of the company's stock by Bank of America and the abrupt departure of CEO Peter Rawlinson.

Lucid Motors is ready to carve out a new path for electric vehicle makers in the industry. CEO Peter Rawlinson envisions a future where only 20% of the company’s business comes from selling cars ...

Lucid had another year of brutal losses. Revenue hit $807 million for 2024, up from $595 million in 2023. Its net loss was $2.7 billion compared to $2.8 billion in 2023.

Luxury electric vehicle manufacturer Lucid Motors is priming 1,300 acres for future expansion of its Casa Grande manufacturing plant. The company is requesting Casa Grande to annex the land into ...

But at competitor Lucid Group Inc., key-person risk "becomes a reality." That assessment is from John Murphy at BofA Securities, who argued in a note Wednesday that the departure of Peter ...

The all-electric Lucid Air Sapphire is one of the most ludicrous road cars ever offered for sale. The existing level of performance clearly hasn’t satisfied the automaker, however, as Lucid has ...