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Lucid

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auto-detected in 21 stories

35 days ago

Lucid Group said it will make moves to better align its production with customer demand for its luxury all-electric vehicles.

56 days ago

Lucid Group has named former chairman and CEO of Schindler Group, an industrial machinery manufacturer of escalators and elevators, as its new chief executive.

64 days ago

Here are some of the companies seeing the biggest moves in midday trading.

67 days ago

Lucid produced 5,500 vehicles and delivered 3,093 in the quarter ended March 31. Analysts had expected it produce 5,967 vehicles and deliver 5,237 vehicles.

3 months ago

For 2026, Lucid announced a vehicle production target of between 25,000 and 27,000 units, which would be a roughly 40% to 51% increase compared with last year.

5 months ago

Lucid Group significantly increased its production and sales last year, as it continues to ramp-up production of its new Gravity SUV.
Lucid Motors says its Gravity SUV will sell far better than its Air sedan. But Lucid is losing money, and the rollout has been challenging.

7 months ago

Lucid also said it has agreed to increase a term loan credit facility from $750 million to roughly $2 billion from Saudi Arabia's Public Investment Fund.
Both automakers have already cut vehicle production guidance, while Rivian also has negatively changed its adjusted earnings and gross profit expectations.
Lucid plans to be the first automaker to offer highly advanced self-driving capabilities in its vehicles in the coming years, the automaker said Tuesday.

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