Welcome to our dedicated page for Lucid Group news (Ticker: LCID), a resource for investors and traders seeking the latest updates and insights on Lucid Group stock.
Lucid Group Inc (NASDAQ: LCID) drives innovation in luxury electric vehicles through advanced engineering and vertical integration. This dedicated news hub provides investors and industry observers with official updates on Lucid's technological advancements, financial performance, and strategic initiatives.
Access timely announcements including quarterly earnings, new model launches, manufacturing expansions, and leadership updates. Our curated collection eliminates market noise by focusing exclusively on verified developments from Lucid's corporate communications.
Key content categories include powertrain innovations, retail network growth, sustainability initiatives, and partnership announcements. Bookmark this page for reliable updates on LCID's progress in redefining electric mobility through clean-sheet engineering and direct-to-consumer strategies.
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Lucid Group, Inc. (LCID) unveils the 2024 Lucid Air Grand Touring, enhancing the longest-range EV with cutting-edge features. The company continues to redefine luxury electric vehicles, setting new standards in the industry.
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Lucid Group, Inc. announces production and delivery totals for the quarter ended March 31, 2024, with 1,728 vehicles produced and 1,967 vehicles delivered. The company will discuss its financial results in an earnings call on May 6, 2024, and has partnered with Say Technologies to engage with shareholders.
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Lucid Group, Inc. (LCID) announces a $1.0 billion private placement agreement with Ayar Third Investment Company, an affiliate of the Public Investment Fund, to purchase convertible preferred stock. The funds will be used for general corporate purposes and to accelerate growth in EV technology.
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Lucid Group, Inc. (LCID) reported strong financial results for Q4 and full year 2023, with revenue of $157.2 million and $595.3 million, respectively. The company delivered 1,734 vehicles in Q4 and 6,001 vehicles in 2023, showing a 37% increase compared to 2022. Lucid also met the higher end of its 2023 production guidance, producing 8,428 vehicles. The company ended the year with approximately $4.78 billion in total liquidity and announced a 2024 production guidance of around 9,000 vehicles.
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Lucid Group, Inc. (LCID) announces new pricing and ownership benefits for Lucid Air electric vehicles, aiming to lower barriers for prospective EV drivers. Lucid Air Pure now starts at $69,900, with two years of scheduled maintenance included. The company also offers a new charging allowance of $1,000 towards Lucid charging accessories. Lucid's commitment to reducing price and enhancing ownership experience reflects in its recognition as America's most awarded new luxury vehicle and Car and Driver's 10Best list for 2024.
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Lucid Group, Inc. (LCID) appoints Matt Everitt as General Counsel to oversee the company's legal affairs globally and provide strategic legal guidance for its ambitious growth plans. With a proven track record in the automotive industry and government, Everitt brings valuable expertise to Lucid's leadership team.
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Lucid Group, Inc. (NASDAQ: LCID) announced production and delivery totals for the quarter ended December 31, 2023. The company produced 2,391 vehicles and delivered 1,734 vehicles during Q4. In 2023, Lucid produced 8,428 vehicles and delivered 6,001 vehicles. Lucid will host a conference call to discuss its fourth quarter 2023 financial results on February 21, 2024. The company is partnering with Say Technologies to allow shareholders to submit and upvote questions for the earnings call.
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Lucid Group, Inc. (NASDAQ: LCID) announced the resignation of Sherry House, the CFO, effective immediately. Gagan Dhingra will serve as interim CFO while the search for a replacement is underway. Ms. House will assist in the transition until December 31, 2023. Lucid's CEO expressed gratitude for Ms. House's contributions and confidence in the company's future.
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Lucid Group, pioneering a new era of luxury electric experience with the Lucid Air, announced updates to the Air lineup. The lineup now includes four models: Air Pure, Air Touring, Air Grand Touring, and Air Sapphire. The Air Pure was recently added to Car and Driver's 10Best List and has an EPA-estimated range of 419 miles+, starting from $77,400++. The Lucid Air Touring, starting at $85,900++, adds all-wheel drive and over 400 miles of range. The Air Grand Touring is projected to remain the longest-range electric car on the market. The Air Sapphire is the world's first electric super-sports sedan, with 427 miles of EPA-estimated range and a 0-60 mph time of under two seconds.
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Lucid Group, pioneering luxury electric vehicles, announces Car and Driver 10Best List recognition for the Lucid Air Pure RWD at a starting price of $77,400. Lucid's ultra-efficient EV technology delivers greater range and performance without the cost and weight of ever-larger battery packs. The Lucid Air Pure RWD offers an EPA-estimated range of 419 miles and comes with wireless Apple CarPlay®, a 34-inch curved Glass Cockpit display, and heated front seats and steering wheel.
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Lucid Group Inc
Nasdaq:LCID
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