Lucid Group (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, today announced that it produced 1,805 vehicles and delivered 2,781 vehicles during the quarter ended September 30, 2024. According to the announcement, 8% of the vehicle deliveries were subject to operating lease accounting. The company also announced that it will host a conference … Continue reading “BillionDollarBreaks – Lucid Group Inc. (NASDAQ: LCID) Provides Q3 Production and Delivery Numbers, Schedules Release of Q3 2024 Financial Results”
Lucid Motors (NASDAQ: LCID), a luxury electric vehicle manufacturer, has once again made headlines in the electric vehicle (EV) industry. The company teased that it would release its new EV in late 2026. This new model, which is expected to be a game changer for the company, is set to rival giants such as the … Continue reading “Lucid Teases New EV Set for 2026 Release”
Lucid Group (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, has announced that its CEO and CTO Peter Rawlinson will participate in a fireside chat at the Morgan Stanley 12th Annual Laguna Conference on Thursday, Sept. 12. According to the announcement, the session is scheduled to begin at 2:35 p.m. PT and will … Continue reading “BillionDollarBreaks – Lucid Group Inc. (NASDAQ: LCID) CEO to Present at Upcoming Morgan Stanley Conference”
Lucid Group (NASDAQ: LCID), maker of the world’s most-advanced electric vehicles, has announced a Technology & Manufacturing Day. The company will host the event on Sept. 10, 2024, which will be livestreamed beginning at 8 a.m. PT from the company’s Arizona factory. According to the announcement, the event will showcase the company’s Lucid Gravity SUV … Continue reading “BillionDollarBreaks – Lucid Group Inc. (NASDAQ: LCID) to Host Technology and Manufacturing Day”
Lucid Motors (NASDAQ: LCID) has secured $1.5 billion to boost its operations and expansion plans to keep it afloat until the fourth quarter of 2025. The substantial funding, which came from Saudi Arabia’s Public Investment Fund (PIF), is pivotal for Lucid’s future. Lucid Group recently announced that this funding would ramp up the production of … Continue reading “Lucid Motors Secures Funding to Keep Afloat Through 2025”
Lucid Group (NASDAQ: LCID), maker of the world’s most-advanced electric vehicles, has entered into a nonbinding supply agreement with Graphite One Inc.(TSX.V: GPH) (OTCQX: GPHOF). The agreement is for anode active materials (“AAM”). According to the announcement, the agreement, which is initially for five years, is for 5,000 tpa once Graphite One commences production of … Continue reading “BillionDollarBreaks – Lucid Group Inc. (NASDAQ: LCID) Inks Nonbinding Supply Agreement with American Producer of High-Grade Anode Materials”
Lucid Motors (NASDAQ: LCID), a U.S.-based automotive and technology company, has reached an important milestone in the electric-vehicle (EV) industry. The company delivered a record 2,394 Air sedans in the second quarter of 2024, a 22% increase from the first quarter, setting a significant benchmark. The surge in vehicle sales is attributed to two things: … Continue reading “Lucid’s Q2 Sales Set New Record, But Company Still Risks Going Under”
Lucid Group (NASDAQ: LCID), maker of the world’s most-advanced electric vehicles, is reporting updates for its 2025 model year. According to the announcement, the updates “further raise the bar, enabling a landmark five miles per kilowatt hour of energy and record 146 MPGe EPA rating for the Air Pure.” The company also noted that the … Continue reading “BillionDollarBreaks – Lucid Group Inc. (NASDAQ: LCID) Updates to 2025 Lucid Air Pure, Other Models Symbolize ‘Relentless Approach’ to Optimization”
Following the rather disastrous financial distress and the launch of Ocean SUV, Fisker filed for Chapter 11 bankruptcy protection. This comes after the company was scraped from the New York Stock Exchange. Following this news, Lucid Motors (NASDAQ: LCID) applied for a trademark with the U.S. Patent and Trademark Office, a move that has sparked … Continue reading “Lucid Motors Applies for Trademark for Lucid Ocean Brand”
Lucid Group (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, has announced the appointment of Nick Twork as its head of global communications. In the new role, Twork will oversee Lucid’s global communications team, which includes worldwide product, corporate, financial and internal communications, media relations and social media. Twork will assist Lucid’s world-class … Continue reading “BillionDollarBreaks – Lucid Group Inc. (NASDAQ: LCID) Appoints Nick Twork to Oversee Global Communications Team”
