Lucid (NASDAQ: LCID) announced today that it produced 2,282 vehicles in Q3 2022, a more than three-times increase from what it reported from its sub-par Q2. Of the 2,282 cars it built, Lucid delivered 1,398. Lucid built all 2,282 vehicles at the AMP-1 facility in Casa Grande, Arizona, marking a drastic improvement in production figures, […]
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Newark, California-based Lucid Group revealed preliminary production and delivery totals for the quarter ended September 30, 2022. The company produced 2,282 vehicles during Q3 at its manufacturing facility in Arizona, more than tripling the number pro…
Lucid CEO, Peter Rawlinson, shared a deep dive into the company’s motors and a comparison with other motors in its latest Tech Talks video. In the video, Rawlinson takes viewers “deep into the heart” of Lucid’s drive unit. Weighing 67 pounds, the motor generates 670 horsepower or 10 horsepower per pound, Rawlinson said. Around 20 […]
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Lucid Motors is continuing to struggle with its initial production ramp of its introductory EV, the Lucid Air. However, it is also having trouble keeping the high-ranking executives it hired and tasked with solving the issues that have kept the electric vehicle startup from reaching mass production. Lucid Group has lost at least six high-ranking, […]
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Luxury electric car maker Lucid Motors is looking to beef up its working capital. To accomplish this, the company filed for a new offering of up to $8 billion earlier this week. The funding should help Lucid keep its operations going as it continues to ramp the production and deliveries of its flagship Air sedan. […]
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Lucid Motor’s (NASDAQ: LCID) production facility in Casa Grande, Arizona, is set to expand three-fold after Pinal County purchased 1,400 additional acres of land from 14 property owners for $113.5 million. The Lucid site is currently around 600 acres. The land lease agreement from Pinal County will bring Lucid’s manufacturing site to 2,000 acres in […]
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Lucid Group today introduced Sapphire, Lucid’s new ultra-high-performance brand, led by the new Lucid Air Sapphire – the world’s most powerful fully electric luxury super-sports sedan. “Last year, Lucid rocked the world with the launch of Lucid Air…
A new Lucid Air variant will debut on August 19 during The Quail: Motorsport Gathering. In addition, the Lucid Air Stealth Look will be on display during Monetary Car Week. “In addition to a substantial presence at The Quail, Lucid will host a press conference in its display on the central lawn at 10:05 am […]
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Lucid Motors (NASDAQ: LCID) is planning to expand its AMP-1 production facility in Casa Grande, Arizona, with construction starting in 2023, documents show. Lucid is set to begin construction on the third phase of its AMP-1 production plant sometime in 2023, with the project extending into 2024 and “possibly into 2025,” Teslarati learned. Lucid’s current […]
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Lucid Group today revealed Stealth Look, a new optional exterior design theme for Lucid Air with a darker and overtly sporting personality. “From its inception, Lucid Air was designed for two distinct looks that reflect the duality of its personality: …
