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Electric automaker Lucid on Wednesday reported a 38% rise in second-quarter deliveries, which, however, missed Wall Street expectations amid economic uncertainty.
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.
As Lucid (LCID) ramps up production of its first electric SUV, the Gravity, the EV maker has several new lower-priced models in the works. Lucid confirmed its midsize platform is coming next year ...
(Reuters) -Lucid missed Wall Street expectations for second-quarter deliveries on Wednesday, hit by softer demand for its luxury electric vehicles as consumers grapple with economic uncertainty ...
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EV maker Lucid's quarterly deliveries rise but miss estimates(Reuters) -Electric automaker Lucid on Wednesday reported a 38% rise in second-quarter deliveries, which, however, missed Wall Street expectations amid economic uncertainty. Demand for Lucid's ...
Tesla told U.S. regulators that its answers to questions on the safety of its robotaxi deployment in Texas are confidential business information and should not be made public, according to a ...
Huawei-backed EV maker Aito became the biggest seller of electric vehicles among the younger players in China’s competitive auto market in June, outselling Li Auto for the first time this year and ...
Luxury EV maker Lucid has significant backing from the Saudi government. 24/7 Wall St. sees huge upside for the stock through 2030.
Also: Solid-state batteries are on the verge of a new era. With the summer in full swing, it’s easy to miss the latest from major EV companies. In this rundown, we’re touching on manufacturing, ...
Rivian revises 2025 delivery forecast, citing production shifts for new models. EV maker sees Q2 dip but gains major investment from Volkswagen.
Rivian and Lucid stocks rose after Trump's tax bill passed in the House. The bill extends 2017 tax cuts and ends $7,500 EV tax credits in the fall.
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