Lucid News Updates

BusinessTechnologyEquipmentAutonomous

Uber Partners With Lucid, Nuro to Launch Robotaxis in 2026

Uber is teaming up with electric vehicle maker Lucid and self-driving tech startup Nuro to launch a robotaxi fleet.

July 17, 2025
GovernmentBusinessTechnologyEquipmentFuel

Lucid’s CEO Warns of Price Hikes Even for American-Made Cars

The head of Lucid Group warned that President Donald Trump’s tariffs will drive up costs to build automobiles — even in the U.S.

July 14, 2025
BusinessTechnologyEquipmentTCA

Lucid Sets Record 749-Mile Run Off Single Charge

An electric car by U.S. manufacturer Lucid has broken the record for the longest journey off a single charge, traveling 749 miles from St. Moritz to Munich.

July 8, 2025
GovernmentBusinessTechnologyEquipment

Lucid to Take Over Nikola’s Arizona Electric Truck Plant, HQ

Court documents show Lucid will pay $30 million for the 691,000-square-foot retooled manufacturing plant and offices after multiple auction rounds.

April 11, 2025
BusinessFuel

EV Maker Lucid to Seek New CEO After Rawlinson Steps Aside

Lucid Group will begin a search for a new CEO after it said its current leader, Peter Rawlinson, has stepped aside to serve in a strategic advisory role.

February 25, 2025
BusinessTechnology

Lucid’s Quarterly Production Falls, Missing Estimates

Lucid Group Inc.’s electric vehicle production dropped in the third quarter and missed analysts’ forecasts, even as deliveries exceeded expectations.

October 7, 2024
BusinessFuel

Lucid Gains After EV Maker Secures $1.5 Billion Lifeline

Lucid Group will get a cash infusion of as much as $1.5 billion from an affiliate of Saudi Arabia’s Public Investment Fund, the second time this year the EV maker has received much-needed funding.

August 5, 2024
BusinessTechnologyFuel

EV Startup Lucid to Cut 1,300 Jobs, 18% of Its Workforce

Lucid Group Inc. is eliminating 18% of its workforce, including employees and contractors, as the electric vehicle startup looks to cut costs in its second full year of production.

March 28, 2023
BusinessTechnologyEquipmentFuel

Lucid Sinks After Cutting Production Goal on Commodity Woes

Lucid Group Inc. slumped after lowering its production target for this year to between 12,000 and 14,000 cars, down from a previous goal of 20,000, citing “extraordinary” challenges with logistics and its supply chain.

March 1, 2022
GovernmentBusinessTechnologyFuel

EV Maker Lucid Reveals SEC Investigation

Lucid Group Inc. disclosed it has become the latest electric vehicle maker to come under U.S. investigation following a merger with a blank-check company, sending its shares plummeting.

December 6, 2021