#Lucid

Lucid Says Global Service Wait Times Fell 20 Percent as It Expands Its Network

Lucid says overall service wait times fell 20 percent globally in the third quarter, as the automaker expands its service network in the United States, Europe and the Middle East. The company said the improvement came in the third quarter, compared with the previous quarter, as it added staff, Mobile Service capacity and new Studio and Service Center locations.

Lucid Reduces Cash Consumption 30% in the Third Quarter of 2026 and Expands Its PIF Credit Line by $1.75 Billion

Lucid reported third-quarter revenue of $350 million and said it cut free cash flow consumption by 30% from the prior quarter, to $1.04 billion. Lucid also said its delayed-draw loan facility with the Public Investment Fund of Saudi Arabia was increased by $1.75 billion, taking pro forma liquidity to $3.75 billion.

Lucid Stock Closes at Record Low After Falling 5.6% on October 30

Lucid shares ended Friday, October 30, at a record closing low of $3.02, leaving the EV maker’s stock down more than 71% so far this year. The close came in below the previous record low of $3.10 from October 19 as investors weighed Lucid’s weak deliveries, its funding needs and its upcoming November 9 earnings report.

Lucid Air Pure Completes 40,000 Miles With No Major Reliability Problems

A 2024 Lucid Air Pure has completed 40,000 miles in Car and Driver’s long-term test, giving the publication an extended look at the luxury electric sedan’s reliability, comfort, efficiency and everyday usability. The car went through two winters and several drivers without leaving anyone stranded, although a handful of smaller problems and quality issues emerged along the way.

Nuro CEO Defends LiDAR as Lucid-Uber Robotaxi Program Nears Launch

Nuro Co-Founder and Co-Chief Executive Officer Jiajun Zhu has outlined the engineering case for multi-sensor autonomy as Nuro, Lucid and Uber prepare to launch commercial robotaxi service in the San Francisco Bay Area later this year. In a set of four internal strategy memos shared publicly on Tuesday, October 27, Jiajun Zhu explained why the autonomous Lucid Gravity fleet pairs solid-state LiDAR and radar with cameras.

Lucid Recalls 2,888 Air EVs in Saudi Arabia Over Fire Risk, With a Free Over-the-Air Fix

Saudi Arabia’s Ministry of Commerce has announced a recall of 2,888 Lucid Air electric sedans after identifying an exterior-lighting circuit issue that can overheat and create a fire or crash hazard. Covering 2023 through 2026 model-year cars, the campaign is being resolved through a free over-the-air software patch without requiring dealership visits.

Lucid Begins Building Gravity GT-S Units, Says Shipments Will Start Soon

The update comes as Lucid’s website continues to list the model as available in late 2026, without a formally announced production start or first delivery date.

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.

BMW Raises 2027 iX5 60 xDrive Range Estimate to 450 Miles Ahead of EPA Rating

BMW has bumped its projected EPA driving range for the upcoming 2027 iX5 60 xDrive—the first battery-electric X5—to as much as 450 miles on a charge, a 15-mile gain over the preliminary figure shared at its June reveal. The updated number remains an internal BMW projection rather than a certified federal rating, with official EPA figures expected in the next few weeks.

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.