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