Lucid reported first-quarter deliveries of its Lucid Air luxury EV above market expectations on Tuesday, as it plans a ...
Most electric vehicle stocks retreated along with the broader market in the week that ended on April 19, with ...
Lucid Group (NASDAQ: LCID) is among the several electric vehicle (EV) start-ups that have been compelled to cut prices of their cars and accept dwindling margins because of a global slowdown in ...
EV startup Lucid (LCID) just received another $1 billion investment from Saudi Public Investment Fund (PIF) affiliate Ayar Third Investment Co. The new funding will help support the launch of ...
More signs of distress emerged in recent weeks as Fisker announced it was cutting 15% of its 1,200-person workforce ... Fisker isn’t the only EV startup that has been struggling in a crowded ...
DETROIT — Ford will drastically cut the number of hourly workers at its ... than-expected electric vehicle sales growth. While EV sales are growing in the U.S., the pace is falling well short ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Last week, I recommended “5 Stocks to Buy as Interest Rates ...
Lucid Group Inc.’s stock was up 6% on Monday after the cash-burning electric-vehicle maker said its majority stockholder will buy $1 billion worth of its stock, even as other EV companies ...
Bankrupt commercial EV startup Arrival has sold some of its assets, including advanced manufacturing equipment to Canoo, another struggling startup trying to build and sell electric vehicles.
The EV startup said in February that it expects 2024 production to be mostly flat compared with 2023 and that it was cutting its salaried workforce ... efficiencies to cut costs, the company ...