Electric vehicle (EV) maker Lucid (NASDAQ: LCID) experienced a share price surge after the company went public in 2021. But since about mid-2022, the stock has been on a steady decline and is down ...

Electric vehicle (EV) maker Lucid (LCID -3.04%) experienced a share price surge after the company went public in 2021. But since about mid-2022, the stock has been on a steady decline and is down ...

Uber will invest $300 million in electric vehicle maker Lucid in a robotaxi deal that aims to start with one major U.S. city late next year, the companies said on Thursday.

Lucid sold 3,309 vehicles in the second quarter, a new record for the EV maker. Still, the company must ramp up production of its Gravity SUV to meet its 2025 target.

Deliveries at EV maker Tesla dropped 13.5% in the second quarter, dragged down by CEO Elon Musk's right-wing political stances and an aging vehicle line-up that has turned off some buyers.