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LUCID GROUP
Layoff wave hits: Full list of companies cutting jobs this week—are you affected?Companies laying off employees this week: A new wave of layoffs is impacting thousands of US workers this week as numerous companies announ...- Uber, Nvidia plan robotaxi rollout in 28 cities starting next yearRobotaxis are rapidly expanding into more cities as companies race to commercialize autonomous ride-hailing, but Alphabet's Waymo remains t...
- Lucid, Nuro, Uber debut robotaxi ahead of launch this yearThe unveiling at the CES technology conference in Las Vegas places the trio among a growing group of companies pursuing large-scale robotax...
- Why is Lucid stock falling? Is it due to car recall or on new debt offeringLucid car: Lucid Group's shares dropped over 6% following an $875 million convertible notes offering, with most proceeds earmarked to repur...
- Lucid shares jump as it secures $300 million investment from Uber for next-gen robotaxi fleetLucid Group and Uber have finalized a deal. Uber invests $300 million in Lucid. They will develop autonomous robotaxis. Lucid will manufact...
- Uber and Lucid team up to launch Robotaxis — 20,000 driverless cars to hit US, set to take on Tesla and Waymo in 2025Uber is making a big move into robotaxis. It is partnering with Lucid and Nuro. The aim is to launch over 20,000 robotaxis. These will be e...
- EVs turn big favourites with some dog ownersRoseville's fire department chose an electric Rivian SUV to ensure their therapy dog, Ashes, remains comfortable. The advanced climate cont...
- Tesla’s missing Cybertruck is a problem for the EV revolutionTesla's Cybertruck offering has shifted, leaving only expensive models, signaling issues in producing affordable EVs. This mirrors broader ...
- What are EV startups doing to ride out weak demand?Fisker filed for bankruptcy protection due to fundraising difficulties and weak demand for its Ocean electric SUV. Rivian, Lucid Group, and...
- What are EV startups doing to ride out weak demand?US electric vehicle startups are turning to cheaper models, slamming the brakes on their production ramp-up plans and laying off employees ...
- Alphabet's Waymo recalled vehicles to update automated driving softwareThe ADS systems, which had versions released prior to Dec. 20, may inaccurately predict the movement of a towed vehicle, according to the a...
- EV maker Lucid launches cheaper Air Pure electric sedanLuxury electric vehicle manufacturer Lucid Group has unveiled a cheaper version of its Air Pure sedan in an effort to boost demand. Priced ...
- Lucid CEO says Aston Martin EV tech deal is just the beginningThe U.S. EV firm will provide Aston with technology including a rear drive unit with twin motors, battery modules and software for integrat...
- Aston Martin, Lucid to enter into agreement to make electric vehiclesUnder the terms of the proposed agreement, Aston Martin would issue about 28.4 million new ordinary shares and make phased cash payments to...
- EV startup Lucid to lay off 18% of its workforceLucid, which had about 7,200 employees at the end of last year, will incur between $24 million and $30 million in charges related to the la...
- Tesla's price cuts promise more pain for money-losing US EV startupsTesla's move last week to slash prices globally on its EVs by as much as 20% could draw new buyers to electric cars in the industry, but al...
- Elon Musk exercises more options, sells Tesla shares worth $973 millionOver the past week, Musk has sold about 8.2 million Tesla shares for around $8.8 billion. Those sales fulfill almost half of his pledge on ...
- Tesla's Elon Musk exercises more options, sells $973 million for taxesElon Musk acquired 2.1 million shares worth $2.2 billion at the Tuesday closing price and sold 934,091 for $973 million to pay taxes, the S...
- Kuwait Ports plans region's first city for electric car makersKPA noted that electric car makers do not use local distributors or dealers and sell their vehicles directly to consumers, adding that it w...
- IFC invests $27.5 million in guar gum firm Lucid ColloidsThe investment will support Lucid in expanding capacity by setting up a new guar gum plant in Gujarat, two guar splitting plants in Rajasth...
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