Tesla's Price Cuts Are Putting Extra Pressure On EV Startups With Tesla’s most recent round of price cuts, EV startups that are struggling to make money may be put in tough positions. InsideEVs · Feb 7, 2023
Rivian To Lay Off 6 Percent Of Staff To Cut Costs Amid EV Price War Rivian CEO RJ Scaringe announced the job cuts in an internal memo and said the company is focusing resources on ramping up production and becoming profitable. InsideEVs · Feb 2, 2023
Lucid Debuts 469-HP Electric Drive Unit For Racing That Weighs 70 Pounds The EDU combines an electric motor, inverter, differential, and transmission in a compact, lightweight package. Motor1 · Jan 25, 2023
Lucid Unveils Compact Electric Drive Unit For Formula E Racing The unit provides regen power under braking, acting as a generator and replenishing the battery InsideEVs · Jan 25, 2023
Lucid Air Reservation Holders Can Get $7,500 Off If They Choose To Lease This is surely a response to Tesla’s recent price cut, but strangely it only applies to Airs leased through Lucid Financing Services. InsideEVs · Jan 21, 2023
US Car Market Shrunk In 2022 But EV Sales Went Up By Two Thirds Even though the US new car market as a whole shrunk in 2022, more EVs were sold reaching a 5.8 percent market share, up from 3.1 percent in 2021. InsideEVs · Jan 18, 2023
Illinois auto dealers file appeal after judge dismissed lawsuit challenging direct-to-consumer EV sales The Illinois Automobile Dealers Association has appealed a December court ruling that allowed EV automakers Rivian and Lucid to continue cutting out the middleman and selling directly to consumers. Chicago Tribune · Jan 14, 2023
Lucid Notes Record Air Deliveries In Q4 2022 Lucid Group announced today vehicle production and delivery numbers for the fourth quarter and full year 2022, revealing noticeable progress in both cases. InsideEVs · Jan 12, 2023
Tesla's stock lost over $700 billion in value. Elon Musk's Twitter deal didn't help The transformational automaker's market cap has dropped by a staggering amount over the past year. Blame new competition, sales that fell short of a lofty target — and a distracted CEO. WEKU · Jan 6, 2023
Deliveries Of Entry-Level Lucid Air Pure Are Now Underway Deliveries of the Air Pure, the entry-level version of the Lucid Air, are now underway in California. InsideEVs · Jan 1, 2023
Saudi Arabia Aims to Boost National Automotive Industry The Saudi Ministry of Industry and Mineral Resources signed a memorandum of understanding with Hyundai Motor Company to promote the automotive industry in the Kingdom. The MoU was signed in the presence of the Minister of Industry and Mineral Resources, Bandar al-Khorayef, and the Minister of Economy and Planning, Faisal… Asharq Al-Awsat · Jan 1, 2023
The Best And Worst Cars We Drove In 2022 This is what happens when Motor1.com editors stop being polite and start being real. Motor1 · Dec 29, 2022
Lucid Air Deliveries Begin In Europe With Longest-Range Model The Lucid Air Dream Edition is priced at €218,000 in Germany, the equivalent of $231,700 at the current exchange rate. InsideEVs · Dec 21, 2022
Lucid Lowers Air Grand Touring's Starting MSRP To $138,000 Lucid isn't taking a hit, it simply made the DreamDrive Pro ADAS suite ($10,000), Surreal Sound Pro ($4,000) and 21-inch Aero Blade wheels ($2,000) optional. InsideEVs · Dec 20, 2022
Motor1 · Dec 20, 2022 Lucid Air Grand Touring Now Offered With Fewer Features For $138,000 The lower price means DreamDrive Pro is optional, among other things. But you still get 819 horsepower and a 516-mile range.
InsideEVs · Dec 19, 2022 Lucid Motors Begins Recruiting In China Serious EV makers are wise to consider China at the top of their list of places to expand. It's the largest car market on the planet, and EVs are a big deal.
InsideEVs · Dec 19, 2022 Lucid Motors EV Startup Opens Retail And Service Store In Europe While Tesla CEO Musk continues to forecast Lucid's bankruptcy, the company is continuing to reveal new products, and now it's expanding in Europe.
InsideEVs · Dec 19, 2022 Elon Musk Believes Other Automakers “Much Closer” To Bankruptcy Than They Think In typical fashion, the Tesla founder and CEO replied to a tweet and gave this stark warning, although it does fit into his wider narrative about the industry.
InsideEVs · Dec 18, 2022 Reviewer Says Lucid Air One-Ups Tesla Model S At All But One Thing While Lucid is still a struggling startup likely to remain that way for years, it hit the mark with its Lucid Air. It's certainly proof of future potential.
InsideEVs · Dec 15, 2022 Lucid Air Sapphire Beats Tesla Plaid, Bugatti Chiron In Quarter-Mile Drag Race The Sapphire completed the quarter in 9.1 seconds, making for a production car record, and it even beat a Ducati Panigale V4 SP2.
Motor1 · Dec 13, 2022 Panasonic Signs Battery Cell Supply Agreement With Lucid Battery components would eventually come from Panasonic's new factory in Kansas.
InsideEVs · Dec 9, 2022 Elon Musk Again Says He Thinks Lucid Will Go Under It’s not the first time the Tesla founder has expressed such views, criticizing Lucid’s business model and direction.
InsideEVs · Dec 8, 2022 Lucid Employees Reportedly Calling Canceling Clients Up To 14 Times Anyone who decides to cancel their Air reservation could be called every day for two weeks by several Lucid employees if they don't pick up the phone.
InsideEVs · Dec 7, 2022 2022 Lucid Air Receives 5-Star Euro NCAP Rating Lucid is preparing for the introduction of the Lucid Air model in Europe and one of the signs that the market launch is near are Euro NCAP safety tests.
InsideEVs · Nov 28, 2022 Lucid Could Be Working On A $50,000 Electric Sedan Coming In 2025 The manufacturer recently revealed the $250,000 Air Sapphire and it’s in the process of launching the more affordable Air Pure model.