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Lucid's Gravity SUV: Lucid sticks to production goal, has enough cash for electric SUV next year, ET Auto

Published: August 8, 2023

Lucid's Gravity SUV: The company reported second-quarter earnings and revenue below market expectations, but its strong liquidity after a USD 3 billion stock offering in June led by its majority owner, Saudi Arabia's Public Investment Fund, has given it an advantage over cash-poor peers that are battling parts shortages.

Source: indiatimes.com

Lucid sticks to production goal, has enough cash for electric SUV in 2024

Published: August 8, 2023

Luxury electric vehicle maker Lucid stuck to its annual production target on Monday and said it had enough cash to start producing its much-awaited sport utility vehicles next year and into 2025, sending its shares about 4% higher in extended trading.

Source: timeslive.co.za

Lucid Gravity SUV Feels Virtually Prepared for Some EQS SUV and Model X Brawls

Published: April 17, 2023

As the American electric wars heat up, carmakers – both old and new – make their cloak-and-dagger moves like true Sun Tzu strategists, blendi...

Source: autoevolution.com