China’s pushing its carmakers to keep their advanced electric vehicle (EV) tech at home, even as these companies expand globally. The government’s encouraging automakers to export partially assembled vehicles, or “knock-down kits,” to avoid tariffs and protect their tech. This…
Lucid Motors is gearing up to take on Tesla with a new mid-size electric SUV, set to launch in late 2026. This vehicle, expected to start around $48,000 to $50,000, is designed to compete directly with the Tesla Model Y.…
Tesla’s Full Self Driving (FSD) software is set to expand internationally, with significant updates and features rolling out over the next year. The company has released a roadmap detailing its plans, including enhancements to FSD and its introduction to Europe…
Georgia Power has struck a deal with Tesla to build a large-scale battery energy storage system (BESS) portfolio, aiming to enhance grid reliability and address resource shortfalls. The agreement, which includes four separate projects totaling 500MW/2,000MWh, will utilize Tesla’s advanced…
Tesla is gearing up to revamp its Model Y for the Chinese market, aiming to regain lost market share and take on competitors like Li Auto and Nio. According to a report from SCMP, the US electric vehicle (EV) maker…
Public EV chargers in the US are often not living up to their promised speeds, averaging about half their maximum capacity. This discrepancy risks hindering the adoption of electric vehicles. According to a recent report by Bloomberg, this issue is…
China’s top electric vehicle maker, BYD, has decided to put its Mexico factory plans on hold until after the US election, according to a recent report from the South China Morning Post. This move comes as global businesses adopt a…
Lucid Motors, known for its high-end electric vehicles, is set to broaden its appeal with plans for three new affordable models. This news comes from a recent report by Car and Driver. The Mid-Size Program Derek Jenkins, Lucid’s senior vice…
Tesla’s Vice President of Finance and Business Operations, Sreela Venkataratnam, has announced her departure from the electric vehicle giant after an impressive 11-year stint. Her exit marks the end of an era that saw Tesla transform from a niche automaker…
Lucid Motors, a rising star in the electric vehicle (EV) market, has revealed ambitious plans to expand its lineup and potentially capture market share from industry leader Tesla. The California-based automaker, currently known for its high-end Air sedan, is setting…
Lucid Motors is gearing up to launch its highly anticipated Gravity SUV, bringing a fresh perspective to the electric vehicle market. According to The Verge, the automaker is on track for its first customer deliveries later in 2024 A Frunk…
A new report from the American Council for an Energy-Efficient Economy (ACEEE) highlights the potential benefits of improving electric vehicle efficiency. The research, published Tuesday, suggests that enhancing EV efficiency could lead to significant cost savings and reduced pressure on…
Ford is ramping up its efforts to compete in the affordable electric vehicle market, according to a report from Electrek. The automaker recently presented dealers with renderings of potential new electric models, including sedans, crossover SUVs, and pickups, all aimed…
The Lucid Air Grand Touring has once again proven its dominance in the electric vehicle range game, showcasing its impressive capabilities in a recent overnight highway test. According to InsideEVs, this American-made EV continues to set the bar for long-distance…
Lucid’s electric luxury sedan, the Air, is now more accessible to consumers thanks to significant price reductions and the availability of demo models. This development marks a notable shift in the high-end EV market, potentially broadening the appeal of electric…
Lucid Motors CEO Peter Rawlinson has ignited a heated discussion in the electric vehicle (EV) industry with a bold claim about his company’s technological edge. In a recent LinkedIn post, Rawlinson highlighted the Lucid Air Pure’s impressive efficiency figures and…
Lucid Group (LCID) saw its stock rise in premarket trading on Tuesday following the release of its second-quarter sales report. The electric vehicle manufacturer outperformed market expectations, according to Barron’s. Lucid’s Q2 Performance The EV maker’s quarterly results demonstrated stronger-than-anticipated…
Der Lucid Air Sapphire, eine Hochleistungsvariante des bereits beeindruckenden Lucid Air, hat den Markt für Elektrofahrzeuge im Sturm erobert. Mit seiner unvergleichlichen Fahrdynamik, der Top-Ausstattung und dem stolzen Preis von $250.000 setzt diese Limousine neue Maßstäbe in der...
Lucid Motors, das Unternehmen für Luxus-Elektrofahrzeuge (EV), baut angesichts des langsamen Wachstums der EV-Branche etwa 400 Stellen ab. Einem kürzlich veröffentlichten SEC-Bericht zufolge wird diese Entlassungsrunde 6% der Lucid-Mitarbeiter bis Ende Oktober betreffen,...
Lucid Group is cutting around 400 jobs, about 6% of its workforce, as part of a restructuring plan to optimize operating expenses. The move has impacted the stock price. Lucid Job Cuts and Financial Impact Lucid Group is reducing its…
Lucid Motors, known for its premium electric vehicles (EVs), is set to introduce its third model—a midsize SUV—with a notably lower price tag in 2026. CEO Peter Rawlinson reportedly confirmed the plan during the company’s recent first-quarter investor call, highlighting…
At the recent Financial Times’ Future of the Car Summit, Lucid CEO Peter Rawlinson delivered a nuanced view on the electric vehicle (EV) landscape. He acknowledged the significant strides Chinese automakers like BYD have made, yet he emphasized that they…
Unveiling the Future: The Lucid Gravity SUV The Lucid Gravity SUV, revealed at the Los Angeles auto show, is turning heads with its impressive design and groundbreaking features. Lucid, the California-based electric vehicle maker known for the Lucid Air sedan,…
In a move that generated significant buzz, Lucid recently introduced a promotional price for its luxury sedan, the Air. This strategic decision yielded impressive results. According to a Reuters report, the company witnessed a nearly 4% sequential jump in its…
In a dynamic move to reward their most devoted clientele, Lucid, the renowned electric vehicle (EV) manufacturer, is introducing an enticing lease deal on its luxury sedan, the Air. The best part? Customers who avail this offer will also be…
Lucid Motors, known for pushing the envelope in the electric vehicle (EV) domain, has taken another leap into the future. In a collaborative stride, Samsung Electronics has equipped Lucid’s design studio with a groundbreaking piece of technology: The Wall. Sourced…
As the electric vehicle (EV) market continues to burgeon, California-based automaker Lucid is taking bold strides to solidify its position globally. The company’s latest venture? A brand-new manufacturing hub in Saudi Arabia. Lucid’s Journey in 2023 The journey for Lucid…
Arizona has just birthed a new electric marvel: the Lucid Air Sapphire. With the first production unit gliding off Lucid Motors’ assembly line in Casa Grande, it’s clear the electric vehicle game is heating up. READ: LUCID MOTORS EXPANDS HORIZONS…
Recent reports suggest that U.S. electric car manufacturer Lucid is contemplating an entry into the Chinese market. As per CNBC, there isn’t a confirmed timeline for this ambitious move. The Chinese Market Appeal China isn’t just the largest car market…
The buzz around Tesla’s charging standard has been making waves, and not everyone is on board. Lucid Group’s CEO Peter Rawlinson, previously involved in Tesla’s Model S design, is raising questions. While Tesla is urging other automakers to adopt their…
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