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. (NASDAQ: LCID) introduces the groundbreaking new Lucid Gravity luxury electric SUV, offering an unprecedented combination of space, luxury, and performance. With a projected driving range of over 440 miles, the Gravity SUV features a spacious interior for up to seven adults, a sleek aerodynamic design, and a starting price under $80,000. The Gravity SUV represents a significant leap forward for Lucid's world-leading technology and design, combining innovation, luxury, and versatility in one remarkable vehicle.
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Lucid Group, Inc. (NASDAQ: LCID) introduces RangeXchange, a vehicle-to-vehicle (V2V) adapter that allows Lucid Air owners to charge other electric vehicles. This innovative feature adds 24 to 40 miles of range per hour and is made possible by Lucid's bi-directional charging technology and proprietary software. The new adapter will be available for purchase in the U.S. and requires a separate charging cable adapter. The OTA software update is needed to enable this feature.
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Lucid Group, Inc. (NASDAQ: LCID) appoints Marc Winterhoff as Chief Operating Officer, highlighting the company's focus on international expansion, go-to-market strategy, and manufacturing operations. Winterhoff brings 27 years of automotive and software industry experience.
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Lucid Group, Inc. (NASDAQ: LCID) reported Q3 revenue of $137.8 million, driven by customer deliveries of 1,457 vehicles. The company is adjusting its production outlook for 2023 to 8,000 – 8,500 vehicles to align with deliveries. Lucid also announced the appointment of Marc Winterhoff as its first-ever Chief Operating Officer and the upcoming unveiling of the Lucid Gravity, the company's new luxury electric SUV, at the LA Auto Show on November 16.
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Lucid Group, Inc. announced that all Lucid vehicles built with the current Combined Charging System (CCS) will be able to charge at Tesla Supercharger stations in 2025 using an adapter. Additionally, Lucid will integrate the North American Charging Standard (NACS) into future vehicles in 2025. This move aims to provide expanded access to reliable and convenient charging solutions for Lucid customers and accelerate the adoption of electric vehicles.
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Lucid Group launches Lucid Referral Program in the US, offering exclusive benefits to current Lucid Air owners. Owners can share their referral links to give discounts to friends and family. Points earned can be redeemed for branded gear, accessories, and Lucid Experiences.
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Lucid Group announces production and delivery totals for Q3 2023
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Lucid Group launches new Lucid Air Pure RWD with 410 miles of range at a starting price of $77,400
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Lucid Group has opened its first international manufacturing facility in Saudi Arabia, with the capacity to assemble 5,000 vehicles per annum. The facility is expected to have the capacity to produce a total of 155,000 electric vehicles per annum in the future. Lucid aims to support the Saudi Green Initiative's goal of ensuring 30% of new car sales in the Kingdom are electric by 2030. The facility received support from the Saudi government and will contribute to diversifying the country's economy. Lucid plans to employ hundreds of Saudi nationals and foster the growth of the domestic supply chain. The facility will also enable Lucid to export its vehicles to other regions.
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Lucid Group unveils the final production specs for the Lucid Air Sapphire, the world's first fully electric luxury super-sports sedan. It achieves 0-60 mph in 1.89 seconds, has a top speed of 205 mph, and offers an EPA-estimated range of 427 miles. The car features three motors, four driving modes, carbon-ceramic brakes, and a special aerodynamic package. Production begins in September.
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Lucid Group Inc
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7.21B
2.98B
1.73%
73.73%
8.85%
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