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Lucid Motors

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Lucid Motors just delayed its affordable EV. Now what?

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The Cosmos EV is now slated for release in the second half of 2027. CEO Silivo Napoli said he’s focused on getting the EV right as well as its nearer-term robotaxi project with Uber and Nuro.

Lucid Motors just delayed its affordable EV. Now what? Read More »

Lucid’s turnaround plan hinges on $1.4B in cash savings, robotaxis

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Lucid’s new CEO Silvio Napoli listed four must-win priorities, including the successful launch of its midsize EV, finishing a factory in Saudi Arabia, cutting expenses, and robotaxis.

Lucid’s turnaround plan hinges on $1.4B in cash savings, robotaxis Read More »

Saudi prince buys 5% stake in Lucid Motors

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The investment comes after speculation that Saudi Arabia may take Lucid Motors private — which the EV maker has denied.

Saudi prince buys 5% stake in Lucid Motors Read More »

Lucid Motors denies report it’s considering bankruptcy

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The company said the “rumors are completely false” after its stock sank more than 50% on a report that it was weighing the option.

Lucid Motors denies report it’s considering bankruptcy Read More »

Lucid Motors’ CFO is out as its new CEO continues leadership shakeup

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The company announced a new slate of executive hires meant to help turn things around, as Gravity SUV sales are not taking off as expected.

Lucid Motors’ CFO is out as its new CEO continues leadership shakeup Read More »

Lucid Motors’ new CEO cuts 18% of staff to ‘simplify the company’

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The company is also eliminating a production shift at its Arizona factory to align “production plans with anticipated demand.”

Lucid Motors’ new CEO cuts 18% of staff to ‘simplify the company’ Read More »

TechCrunch Mobility: SpaceX rockets past Tesla

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Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, how AI is playing a part.

TechCrunch Mobility: SpaceX rockets past Tesla Read More »

Lucid Motors doesn’t know how many EVs it will build this year

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Lucid Motors pulled its guidance for the year, as it navigates swelling inventory and a company-wide cost-cutting measure.

Lucid Motors doesn’t know how many EVs it will build this year Read More »

Uber taps Hertz to clean, charge, and fix its Lucid Motors robotaxis

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Hertz is creating a new affiliate company called “Oro Mobility” to provide fleet management solutions “across a range of mobility segments.”

Uber taps Hertz to clean, charge, and fix its Lucid Motors robotaxis Read More »

Lucid Motors names new CEO, lands more money from Uber and Saudis

Digital Marketing, electric vehicles, EVs, Lucid Motors, Saudi arabian public investment fund, SEO Tips, Technology, Transportation / WebBanao.Com

The search for a new CEO, which lasted over a year following the sudden resignation of Peter Rawlinson, is finally over.

Lucid Motors names new CEO, lands more money from Uber and Saudis Read More »

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