Tag: lucid motors
-
Lucid announces Air production preview event in late September
Lucid Group has announced a production preview event that will start on September 27th at its Advanced Manufacturing Plant (AMP-1) factory in Casa Grande, Arizona, giving insights into the assembly processes of the company’s first electric vehicle. The week-long event starting on September 27th will be available for media members, policymakers, and a select group…
-
Lucid Motors drops 19% ahead of the EV maker’s first share lockup expiration since SPAC merger
MediaNews Group/Bay Area News via Getty Images Lucid Motors tumbled as much as 19% on Wednesday as the share lockup period expired for some shareholders. It's the first day some of Lucid's biggest stakeholders can sell their stock since the company's SPAC merger in July. Lucid is trading roughly 30% lower than the close on…
-
Lucid says its first electric car drove 445 miles from Los Angeles to San Francisco without charging, easily besting Tesla’s range
Lucid Air. Lucid Motors In a range test with Motortrend, the Lucid Air drove 445 miles on a charge with energy to spare. Tesla has led the range game for years with the Model S, which has an EPA range of 405 miles. Lucid claims its $169,000 Air Dream can travel up to 517 miles…
-
Lucid Motors and Churchill Capital IV combine, will become ‘Lucid Group, Inc’
Lucid Motors and Churchill Capital Corp IV have announced that they have combined after an overwhelming vote by shareholders that supported the merger between the two companies. The two companies will now be renamed, becoming “Lucid Group, Inc.” “Churchill Capital Corp IV (NYSE: CCIV), a publicly-traded special purpose acquisition company, announced that in a special…
-
Lucid Motors details production efforts, new showrooms, and its SUV
Lucid Motors has released new details regarding the production of the Air sedan, along with plans of an upcoming flagship studio in New York City and some minor updates on the Gravity SUV that it announced late last year. Lucid and Churchill Capital Corp IV filed new details with the SEC, stating that the company…
-
From Porsche’s $91,000 station wagon to GMC’s 1,000-horsepower pickup, here are 9 of the coolest electric vehicles launching in 2021
The Air sedan, the debut model from EV startup Lucid Motors, is set to hit streets in 2021. Lucid Electric cars are hitting the market at a dizzying pace. More than 10 new EVs will go on sale in the US by the end of 2021. The Lucid Air sedan, Porsche Taycan Cross Turismo wagon,…
-
Lucid Motors adds former Waymo Treasurer as CFO as company prepares to go public
Lucid Motors has announced it has appointed former Waymo Treasurer and Head of Investor Relations Sherry House because its Chief Financial Officer before the automaker’s choice to turn into a publicly-traded business. Along with the addition of House into the Lucid executive group, the business has added several other new executives who will contribute crucial…
-
The Station: Rivian rolls towards an IPO and Quantumscape makes a big battery hire
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to…
-
Lucid reveals how many Air Dream Edition models it sold before closing reservations
Lucid Motors revealed earlier today to Teslarati that it sold roughly 500 Air Dream Edition all-electric sedans prior to closing bookings to the general public. The automaker announced yesterday that it had officially closed bookings for its flagship edition of its launching sedan. Teslarati received word in the Lucid Motors spokesperson who shed light on…
-
Lucid’s rumored SPAC deal with Churchill Capital nears after Tuesday rally
Lucid’s possible SPAC merger with Churchill Capital IV is all but confirmed following the finance ’s inventory spiked during Tuesday trading hours. For months, speculation has persisted that Lucid, an all-electric automobile maker, can merge with CCIV in a deal that will take the company public ahead of the first manufacturing push of its own…