Lucid posts quarterly revenue beat as luxury EV sedan price cuts boost sales

Lucid posted a net loss of USD 684.76 million, narrower than a USD 779.5 million loss a year earlier...

What are EV startups doing to ride out weak demand?

Demand has been weak for Fisker's flagship Ocean electric SUV. Fisker filed for bankruptcy protectio...

EV maker Lucid beats quarterly deliveries estimates helped by price cuts

Lucid delivered 2,394 vehicles in the quarter ended June 30, above estimates of 1,940 units, accordi...

Lucid gets up to USD 1.5 bn in funding from Saudi shareholder

Lucid made 3,838 vehicles in the first half of the year and stuck to its target of making 9,000 unit...

Lucid beats quarterly deliveries estimate as price discounts boost demand

Lucid Group beat market expectations for third-quarter deliveries on Monday. Lucid Group beat market...