lucid motors

Lucid Motors Starts Delivering Cars in Canada

Lucid Motors announced on Monday it has started deliveries of its Lucid Air electric sedan in Canada. “Now delivering Dreams to our friends in Canada. Welcome to the #LucidOwnersClub. #DreamAhead”, said the automaker, including a short video of one of its Lucid Air sedans backing out of a trailer, accompanied by the background music of […]

Lucid Motors Shares Rare Look into its Design Studio [VIDEO]

Lucid Motors has shared a short video offering what it says is a rare look into its private Design Studio in Newark, California. The video features Senior Vice President of Design and Brand, Derek Jenkins, sharing the company’s vision with CEO Peter Rawlinson. The Design Studio is a building inside a building, with an open […]

Lucid Motors CEO Takes Home $263 Million Performance Bonus

Lucid Group CEO Peter Rawlinson bagged a whopping $263 million USD worth of performance-based stock awards last year as a result of a brief summit in the company’s share price — reports Automotive News. In March 2021, Lucid’s board of directors awarded Rawlinson approximately 13.8 million time-based stock units that vest over four years from […]

Lucid Motors Confirms European Launch in 2022

Just a few months after the Lucid Air Dream Edition first delivered to customers, the California-based automaker and so-called Tesla rival said it plans to expand beyond North America sometime this year. Lucid Motors announced plans to expand to the European market beginning this year, after being questioned by a hopeful prospective customer on Twitter […]

Mercedes Dealer Demands $50,000 Markup on EQS 580 EV 

The price of electric vehicles (EVs) isn’t considered affordable yet by the standards of most consumers, and some buyers have actually switched which EV they’re buying due to price markups on other models. @Jon Rettinger purchased a Lucid Air after being informed of a $50,000 price markup for a Mercedes Benz EQS 580, for which […]

Lucid Motors Receives Subpoena From the SEC, Shares Fall

The U.S. Securities and Exchange Commission (SEC) has ordered California electric vehicle (EV) manufacturer Lucid Motors to represent itself in court, as shown in a new report. Lucid Motors received a subpoena from the SEC this week, regarding its blank-check acquisition deal made earlier this year, according to a regulatory filing shared by the automaker […]

Lucid Motors Market Cap Could Eventually Be Valued Like Tesla, Says CEO

Just weeks after Lucid Motors’ first deliveries of the Lucid Air took place at a delivery event in California, the company’s head is already eyeing Tesla levels of financial success. Lucid Motors CEO Peter Rawlinson said the company’s recent stock surges evidence the company’s standing to someday be valued like Tesla, according to CNBC. Lucid’s […]

Lucid Motors Studio Opens in Washington D.C. Metro on Nov. 6

Folowing the Lucid Air Dream Edition delivery event that took place at the end of last month, the company has officially shared plans to open a new retail location as soon as this weekend. Lucid Motors is opening a new retail location, called a Studio, at Tyson’s Corner Center in Washington D.C. metro region, according […]

Tesla’s 4680 Battery Cell is Not a Huge Breakthrough, Says Lucid CEO

Tesla’s 4680 battery cell is expected to lower costs and increase range for the automaker, but as far as a breakthrough goes, one electric vehicle (EV) CEO suggests that it’s being overstated. Lucid Motors CEO Peter Rawlinson noted that, while there are a few advantages to Tesla’s 4680 battery cell design, it’s not the breakthrough […]