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EV Maker Lucid Delivers a Record Number of Cars in Q2

Electric vehicle maker Lucid Motors exceeded expectations in the number of cars it delivered in the second quarter. Lucid reported 2,394 EVs delivered, while analysts expected the number to come to 1,940 units. The delivery numbers in Q2 are also a new record for the...

Lucid Slashes Price of Air Sedan to Remain Competitive in EV Market

Electric Vehicle maker Lucid slashed the price for its Air luxury sedan by up to $12,400 as part of a special offer to boost its competitiveness as the U.S. EV industry heats up in a price war initiated by Tesla. Lucid cut the price of the...

EV Maker Lucid’s Stock Plunges 12% Amid Lower Production Forecast

Electric vehicle maker Lucid Group has scaled back on its production expectations once again this year. And the news didn't go well with investors, causing Lucid's stock to plunge close to 12% in after-hours trading. Releasing its Q2 report late on Wednesday, Lucid revealed that...