#Lucid Air
Latest EV news tagged #Lucid Air

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.

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 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 Restructures Norway Operations After Selling Just 31 Cars in 3 Years
The automaker is now moving operations from its central Oslo location to more modest facilities in Rud outside the city.

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.

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 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.

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.

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 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 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 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.

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.