Lucid Motors has announced the delivery of its first engineering vehicle for what will eventually become an Uber-exclusive robotaxi network. The company shared the update on X, confirming that the vehicle has been delivered to autonomous driving technology company Nuro for integration with its Nuro Driver system. Introducing our Robotaxi Engineering Fleet.Lucid has delivered the […]
Lucid Motors is setting its sights on the midsize EV market, with CEO Marc Winterhoff confirming the company plans to launch three new models beginning in late 2026. The announcement was made in a recent discussion with Autoblog, marking the first time Lucid has detailed its next wave of products beyond the Gravity SUV. The […]
Lucid on Thursday announced a sweeping new partnership with rideshare giant Uber and autonomous technology developer Nuro to launch a premium global robotaxi network. Under the deal, Uber plans to deploy more than 20,000 autonomous Lucid vehicles equipped with Nuro’s self-driving tech across dozens of markets worldwide over the next six years. Expected to start […]
Lucid Motors has officially set a new Guinness World Records title for the longest distance traveled by an electric vehicle (EV) on a single charge — and it wasn’t even in a specially modified car. The milestone was achieved by Umit Sabanci, a London-based entrepreneur known for setting and breaking Guinness World Records, in a […]
Lucid Motors has officially opened pre-orders for its luxury SUV, the Lucid Gravity, starting from $94,900 US for the Grand Touring trim. The Gravity has a projected range of over 440 miles per charge. The Lucid Gravity has seating configurations for up to seven people and 120 cubic feet of cargo space. Additional features include […]
Lucid CEO Peter Rawlinson recently asserted that Lucid has surpassed Tesla in electric vehicle technology, stating that Lucid is now the tech leader in the industry. “If we look back in time, 10, 15 years ago, Tesla was the tech leader. I think there’s a degree of distraction now, and I think that Lucid has […]
Lucid Motors has reported a substantial net loss of $685 million in the first quarter of 2024, despite a slight improvement from the $780 million loss recorded in the same quarter of the previous year. The company’s stock reacted negatively, dropping 7.5 percent to $2.82 per share in after-hours trading on Monday. Despite the financial […]
Lucid has revealed its production and delivery figures for the first quarter ended March 31, 2024. The company announced it produced 1,728 vehicles and achieved deliveries of 1,967 vehicles during the quarter. This deliveries number beats Wall Street estimates and is far lower than the 2021 SPAC presentation where it said it was forecasted to […]
Lucid Group announced a significant financial boost today, revealing an agreement with Ayar Third Investment Company, an affiliate of the Public Investment Fund (PIF), for a $1 billion investment. This investment will come in the form of newly created series of convertible preferred stock through a private placement, contingent on customary closing conditions. The infusion […]
Lucid Group, which set ambitious targets at its public debut, reported vehicle deliveries and revenues significantly below its initial forecasts for 2023. The company had informed investors of a goal to sell 49,000 cars in the year; however, it only sold 6,001 vehicles, marking a substantial 90% shortfall from the anticipated figure. Similarly, Lucid had […]
Lucid Group has announced the launch of RangeXchange, a novel vehicle-to-vehicle (V2V) charging adapter. This technology allows Lucid Air owners to charge other electric vehicles directly, leveraging the bi-directional charging capability and proprietary software embedded in every Lucid Air. A photo was shared showing a Lucid Air charging a Tesla Model S, with the charging […]
Lucid Group has announced its third-quarter financial results, with revenues reaching $137.8 million, attributed to the delivery of 1,457 vehicles, below Wall Street expectations of over 2,275 cars delivered and $177 million revenue. The company has begun production of the Lucid Air Pure RWD and Lucid Air Sapphire, completing its Lucid Air series. Amidst these […]
Lucid Group has announced a significant update to its charging infrastructure strategy, revealing that Lucid electric vehicles (EVs) equipped with the Combined Charging System (CCS) will gain access to over 15,000 Tesla Supercharger stations across North America starting in 2025. This development comes as Lucid prepares to incorporate Tesla’s North American Charging Standard (NACS) into […]
A recent job posting by Lucid Motors on LinkedIn suggests the electric vehicle (EV) startup is planning to expand its in-car infotainment offerings. The role of Senior Product Manager, Media Partner Management, lists among its key responsibilities working with Apple Music, Amazon Music, and other “media app partners.” Lucid Motors, which currently has one flagship […]
Lucid USA has issued a safety recall affecting 1,267 of its 2022-2023 Lucid Air vehicles, according to a Part 573 Safety Recall Report submitted on October 19, 2023. The recall is designated under the numbers 23V-708 and SR-23-05-0. The affected vehicles are operating on software versions between 2.1.0 and 2.1.20. A software change in version […]