#Lucid
Latest EV news tagged #Lucid

Lucid California Sales Fall 11.6% as Gravity SUV Declines for Second Straight Quarter
Lucid registered 1,011 new vehicles in California in the third quarter of 2026, down 11.6% from a year earlier and 10.8% from the previous quarter, according to California Energy Commission data. Sales of the Gravity SUV fell for a second consecutive quarter, while the Air sedan recorded its lowest quarterly total in the state’s registration data since the second quarter of 2023.

Lucid Air Lease Starts at $699 a Month as Automaker Pushes Lower-Cost Offers
The offer gives qualifying customers a lower-cost entry point into the luxury electric sedan, while higher-performance Touring and Grand Touring versions are also available through separate lease deals.

Lucid Faces Class Action Over 20,000-Vehicle 2022 Production Target
The class covers investors who acquired Lucid common stock between November 15, 2021, and August 3, 2022, as the four-and-a-half-year-old securities case moves toward trial or a potential settlement.

Lucid and Bolt Plan 25,000-Unit Robotaxi Fleet for Europe
The vehicles will be based on Lucid’s upcoming Midsize platform and designed for SAE Level 4 autonomous driving, with Bolt planning to own and operate the fleet.

Lucid Is a Penny Stock Again, But LCID Is Still Not a Buy: Barchart
The stock remains far above its July low, when shares briefly plunged to $2.37 amid the bankruptcy speculation, but much of the recovery has since disappeared. Lucid rejected those rumors, and the company continues to have substantial liquidity. Still, investors have plenty of reasons to remain cautious.

Lucid’s $1.4 Billion Turnaround Plan Faces a Tough Test as Stock Hits 52-Week Low
Lucid shares closed at $4.55 on Sept. 1, down 42% from the $7.78 closing price on Aug. 4, the day before Napoli’s operational reset was announced. The decline came as the broader market remained comparatively stable, making the move largely company-specific.

Lucid Gravity GT-S Debuts With 1,070 HP As Automaker Battles Mounting Losses
The Gravity GT-S starts at nearly $128,000 and uses the same drivetrain found in the discontinued Lucid Air Dream Edition. Lucid says the new model is the most powerful three-row electric vehicle in the United States, putting it ahead of the 1,025-horsepower Rivian R1S.

Lucid CEO Admits Company Fell Short as Midsize EV Launch Is Delayed
The comments came as Lucid reported a quarterly net loss of more than $1 billion and confirmed that its upcoming midsize electric vehicle has been pushed back to the second half of 2027.

Lucid Stock Extends Rally Ahead of Q2 Results as Investors Watch Cash Burn
While the stock has recovered sharply from recent lows, analysts and investors remain focused on the company’s cash burn, production outlook, and whether improving deliveries are translating into a stronger financial position.

Lucid CEO Rejects Bankruptcy, Take-Private Rumors Ahead Of Earnings
In a statement, Napoli said the reports are false and emphasized that Lucid has sufficient liquidity to continue funding its operations well into next year.

Lucid Offers 0% Financing on Remaining 2026 Gravity SUVs
The promotion comes several months after the updated Gravity entered the market, suggesting Lucid is looking to accelerate sales of unsold 2026 vehicles.

Lucid Loses Key Engineering Executive Ahead of Critical Midsize EV Launch
Emad Dlala, Lucid’s senior vice president of engineering and software, has departed the company months after being promoted to oversee its Engineering and Digital division, creating another leadership challenge ahead of the launch of Lucid’s first midsize electric vehicle.

Lucid Air Sapphire and Gravity Shine at Trinitē Road Rally
The rally took participants across a variety of Northern California roads, from winding mountain routes to small coastal towns, providing an extensive test of both vehicles under real-world conditions.

Lucid appears to shade Ferrari’s first EV after Luce launch
The launch places the ES9 directly into competition with other high-end Chinese smart EVs, including the recently updated Aito M9 backed by Huawei.

YouTube’s Engineering Explained Host Replaces Problematic Lucid With Mustang Mach-E GT
Fenske purchased the electric crossover as his new daily driver after Lucid bought back his sedan under lemon law provisions, and he is now giving Ford’s performance-oriented Mach-E a chance to become his next long-term EV.

Trump Administration Slashes 2031 CAFE Target to 34.9 MPG
The previous standard was projected to reach 50.4 mpg, meaning the new rule substantially reduces the fuel economy target automakers will have to meet.

3 Reasons Rivian Could Be Better Positioned for Its Next Growth Phase: Motley Fool
Three factors highlighted in a recent Motley Fool analysis are Rivian’s liquidity, its relatively limited shareholder dilution and its progress toward gross profitability. Together, they provide context for the company’s ability to fund operations while scaling its business.

Lucid Cuts 18% Of U.S. Workforce As COO Departs And Cost-Saving Efforts Intensify
The company expects the restructuring plan to generate roughly $158 million in annualized savings and confirmed that Chief Operating Officer Marc Winterhoff has departed effective immediately, with the COO position being eliminated.

Xiaomi EV Delivers Over 30,000 Vehicles in May
Napoli succeeds interim leadership following a period of transition and now takes responsibility for guiding Lucid through its next phase of growth.

Lucid Completes Leadership Transition With New CEO Silvio Napoli
Napoli succeeds interim leadership following a period of transition and now takes responsibility for guiding Lucid through its next phase of growth.