Lucid

Lucid released a helpful new feature for pet owners called Creature Comfort Mode. The feature is similar to Tesla’s Dog Mode and is now available for free on every Lucid Air through a software update. Lucid Air gains Tesla Dog Mode-like feature If you’ve ever been on a road trip and had to stop to pee, you know how helpful Tesla’s Dog Mode feature is. Lucid is now offering a similar feature called Creature Comfort Mode for all Air electric sedans. Available via an over-the-air (OTA) update, the…

Electric vehicle makers are having a bad week. First up is Lucid Group, which announced Q4 2023 results yesterday. While the company produced and delivered 37% more vehicles in 2023 than it did in 2022, its 2024 outlook was pretty grim news to investors.Lucid said its production guidance for 2024 was only 9,000 vehicles, suggesting the company is struggling to find buyers for its EVs. As TechCrunch notes, that’s just 10% of the 90,000 EVs the company predicted when it went public that it could make and sell in 2024.…

A Rivian electric truck sits parked in front of a Rivian service center on August 08, 2023 in South San Francisco, California.Justin Sullivan | Getty ImagesShares of electric vehicle makers Rivian and Lucid plummeted Thursday after the companies reported disappointing results and stagnant production in their fourth quarter earnings after the bell Wednesday.Rivian shares plunged about 25% and Lucid's stock sank more than 15% as of Thursday afternoon.Rivian forecast it will make 57,000 vehicles in 2024, slightly below the…

The auto industry’s pricing pressure is hitting unprofitable electric-vehicle startups hard. The auto industry’s pricing pressure is hitting unprofitable electric-vehicle startups hard. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content…

With its second all-electric model hitting the market this year, Lucid Motors wants to ensure consumers don’t forget about its flagship sedan – the Air. Having just launched its 2024 Air models a couple of months ago, slashing prices, Lucid has lowered its MSRPs once again, incentivizing potential customers with additional charging and maintenance bonuses as well. Lucid Motors ($LCID) looks to bounce back in 2024 following a Q4 2023 report that detailed a drop in YOY deliveries. The Air sedan has fared…

Lucid (LCID) is launching a new line of police vehicles based on its luxury Air electric sedan. The EV startup is set to unveil the new EVs at the World Defense Show next week in Saudi Arabia. Lucid to reveal new police vehicles next week Lucid made history by opening the first car manufacturing plant in Saudi Arabia in September. Its new AMP-2 facility is expected to be equipped to build up to 155,000 EVs annually once fully complete. The first phase includes reassembling…

The public may not yet know who the next actor will be to fill the polished, often knife-equipped, shoes of M16’s top 00 agent – James Bond, but we do have a better idea of what type of vehicle he may be driving to evade the baddies when he makes his on-screen debut. Following an existing supply agreement with Aston Martin, Lucid Motors’ CEO and CTO Peter Rawlinson hinted that James Bond’s next vehicle could be 100% electric. Ian Fleming’s James Bond franchise has long outlived the UK writer and…

This week, Lucid Motors invited Electrek to an exclusive ribbon-cutting ceremony celebrating the opening of Phase 2 of its AMP-1 facility in Casa Grande, Arizona. Part of the festivities included a factory tour, an interview with CEO and CTO Peter Rawlinson, and our best look at Lucid’s upcoming Gravity SUV to date. Senior Vice President of Design and Brand Derek Jenkins walked me around Gravity and shared some insights into what went into this unique electric SUV. Yesterday’s visit to AMP-1 was…

During a ribbon-cutting ceremony celebrating the opening of Phase 2 at its AMP-1 production facility in Arizona, Lucid Motors CEO Peter Rawlinson briefly teased the automaker’s third model in the works – a mid-size EV that will arrive as a direct competitor to the Tesla Model 3 and Model Y. Electrek was on location this morning in Casa Grande, AZ, home to Lucid Motor’s AMP-1 production facility, which now houses Phase 2 of the American automaker’s four-phase expansion plan. Since we last visited…

California-based Lucid Motors (LCID) is expanding globally. With a new European boss who brings extensive experience from Polestar, Maserati, and Audi, Lucid aims to build its brand in new markets. Lucid hires former Polestar exec to expand in Europe Lucid hired Alexander Lutz, who spent the past four and a half years with Polestar, as its new managing director for Europe. Lutz started the first of the year. Before Polestar, Lutz worked for Audi before joining Maserati for four years. With…