Lucid Motors

Lucid sales inch forward as EV maker pushes to ramp Gravity production

Lucid delivered 3,309 vehicles in the second quarter, a 6% increase in sales from the previous period and a new sales record for the EV maker. Lucid also reported it produced 3,863 vehicles in the second quarter, nearly 1,000 more than it made in the previous period. Lucid produced 2,212 vehicles in the first quarter […]

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Lucid’s record quarter got a lift from rental sales and company leases

Lucid Motors set a company record for deliveries in the first quarter of 2025, shipping 3,109 EVs to customers in North America, Europe, and Saudi Arabia. It appears that a new company car program and sales to rental fleets helped it get there.  According to a footnote in Lucid Motors’ latest regulatory filing, it sold

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Lucid Motors’ Gravity SUV dealing with early ‘hiccups,’ interim CEO says

Lucid Motors has been working through some quality “hiccups” in the early stages of delivering its long-awaited electric SUV, according to interim CEO Marc Winterhoff. “It is true that we had some technical issues that we had to overcome around software” and the Gravity’s heads-up display, Winterhoff said on a conference call Tuesday. “There have

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Lucid Gravity First Drive: An electric SUV that doesn’t make compromises

Lucid has spent years working on its second EV — a plush van-like SUV designed to be the category killer that could take market share from the likes of other luxury EV and internal combustion people haulers like the Rivian R1S, Cadillac Escalade IQ, BMW X7, and Audi Q8. The Saudi-backed company’s aim was to

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Lucid Motors wins bankruptcy auction for Nikola’s Arizona factory and other assets

EV startup Lucid Motors has emerged as a surprise winner in the bankruptcy auction for electric trucking company Nikola’s Arizona factory and other assets, according a late Thursday night court filing. Lucid committed around $30 million in cash and non-cash considerations in exchange for the factory, Nikola’s lease on its Phoenix headquarters, and “certain machinery,

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Every year, it seems like there’s at least one big YC controversy

Optifye.ai, a Y Combinator-backed startup, sparked massive social media backlash this week after its demo went viral. The video, which shows how the company’s AI-powered cameras track factory workers in real-time, quickly caught fire online, with criticism flooding in on X and Hacker News. In the clip, a supervisor calls out an underperforming worker, sparking

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Lucid Motors starts taking orders for its existential Gravity SUV

Lucid Motors has officially started taking orders for its electric Gravity SUV, a critically important vehicle that’s supposed to go into production by the end of this year. Interested buyers can now place $1,000 refundable deposits on the “Grand Touring” trim, which starts at $94,900, on the company’s website. Similar to the company’s current model,

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