lucid group

Lucid Secures $1 Billion Investment from Majority Stockholder

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…

Lucid Q1 Reports Growing Losses and Lingering Demand Uncertainty

Electric vehicle maker Lucid Group announced widening losses for Q1 2023 but confirmed that it has enough cash to continue operations into 2024. The news resulted in shares…

You Can Now Buy Lucid Merchandise Online

Lucid Group has launched a new online store for customers to buy merchandise (via @SawyerMerritt). Right now, the store has various items available, such as Lucid-branded hats, mugs,…

Lucid Recalls 203 Lucid Air EVs Due to Safety Defect

Lucid Group announced on Tuesday it is recalling nearly 200 of its Lucid Air electric sedans over a safety defect. According to Bloomberg, the safety defect is from…