The EV maker had about ... as 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 workers, in a ...

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

(Reuters) -Electric-vehicle maker Lucid Group Inc said on Wednesday it was raising about $3 billion from Saudi Arabia's Public Investment Fund (PIF) and others. Shares of the company were down 7% in ...

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 ...

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 ...

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 ...

Startup electric car brands fronted by flashy ... The company burned though one CEO, cut its workforce here in the US, and—as we discovered on a recent test drive in Encinitas, California ...

Designing and producing electric vehicles is a tough business, but some startup companies have already started selling EVs hoping to become as successful as Tesla ...

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