related investing news EV startups conserve ... of the end of 2022. Lucid has recently been moving to conserve cash. It said in March that it would cut about 18% of its workforce, roughly 1,300 ...

Electric vehicle startups are approaching a make-or-break moment. As legacy automakers increasingly ramp production of ...

Lucid Group announced plans to raise about $3 billion through stock offerings, with most of the money expected to come from Saudi Arabia's ...

Lucid Motors is expected to face difficult questions about its future when the electric vehicle startup posts first ... and BMW with their new EV sedans. Lucid cut about 1,300 employees in March ...

While most people are familiar with Tesla and established automakers, they're less likely to know much about all-new ...

There’s a Silicon Valley electric car maker promising to deliver breakthroughs in technology and design that will provide new levels of EV driving range and performance, but it is not the company with ...

The company sells five versions of the Air, with price tags mostly topping the six-figure mark. The Grand Touring model’s 516 ...

Luxury sedan maker Lucid, pickup and SUV maker Rivian and ... sees demand picking up from next year as the current sentiment forces EV makers to cut prices and introduce lower-priced models ...

Tesla Inc's move to cut prices and increase volume, a strategy which CEO Elon Musk said is part of the EV ... Instead, Lucid said in late March it would lay off 18% of its workforce, or about ...

Earlier this week, Fisker and Lucid cut their production outlooks for the ... months serve as a reminder that the story of any EV startup, with Tesla Inc. TSLA, +4.72% being the “only confirmed ...

The results follow weak earnings and a production outlook cut overnight from Lucid Group Inc (LCID.O), sending its stock tumbling 10%. U.S. EV startups' hopes of shaking up the industry collided ...