Lucid

Business, Technology, Safety, Fuel, Autonomous

Lucid Says Air Sedan Will Be First US Car to Use Lidar

Lucid Air exterior The Lucid Air sedan exterior. It starts at $77,400 before tax credit. (Lucid Motors)

Lucid Group Inc. said its debut battery-electric vehicle will be the first production car in the U.S. to include a purpose-built laser sensor, or lidar, enabling a broad range of advanced driver-assistance features.

Ed Ludlow | Bloomberg News
October 12, 2021
Business, Technology, Fuel

Lucid to Deliver 520-Mile Electric Sedan in October

A prototype of the Lucid Air The Lucid Air prototype electric vehicle, manufactured by Lucid Motors Inc. (David Paul Morris/Bloomberg News)

Lucid Group Inc. has started production on its debut electric consumer car, with deliveries to begin at the end of October.

Ed Ludlow | Bloomberg News
September 28, 2021
Business, Fuel

Lucid Clinches SPAC Deal With 11th-Hour Appeal

The Lucid Air prototype electric vehicle The Lucid Air prototype electric vehicle manufactured by Lucid Motors Inc. stands at company headquarters in Newark, Calif. (David Paul Morris/Bloomberg News)

Lucid Motors Inc.’s last-gasp appeal to investors succeeded in pushing through approval for the electric-car startup’s deal to go public by merging with a blank-check company.

Crystal Kim | Bloomberg News
July 23, 2021
Business, Technology, Fuel

EV Startup Lucid’s SPAC Deal in Jeopardy

Lucid Air prototype electric vehicles Lucid Air prototype electric vehicles manufactured by Lucid Motors Inc. at the company's headquarters in Newark, Calif. (David Paul Morris/Bloomberg News)

The blank-check company seeking to buy electric-car startup Lucid Motors Inc. made a last-minute appeal for retail shareholders to vote for the deal amid signs that it’s struggling to win their approval.

Crystal Kim and Yueqi Yang | Bloomberg News
July 22, 2021