Lucid first-quarter deliveries underwhelm as demand concerns plague the EV maker

[ad_1] With 1,050 horsepower, the new Grand Touring Performance edition becomes the most powerful version of Lucid’s electric Air sedan. Lucid Motors Luxury electric vehicle maker Lucid Group said late…

Lucid to cut 1,300 workers amid signs of flagging demand for its EVs

[ad_1] Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill…

Vietnamese EV maker VinFast remains optimistic despite challenging entry to U.S. auto market

[ad_1] A VinFast VF8 electric car on display in a showroom. Yu Ruidong | China News Service | Getty Images It has been a challenge for Vietnamese electric vehicle maker…

Rivian looks to raise $1.3 billion amid growing concerns about EV demand

[ad_1] The Rivian name is shown on one of their new electric SUV vehicles in San Diego, U.S., December 16, 2022. Mike Blake | Reuters Rivian Automotive plans to raise…

Polestar cuts annual losses in half as it ramps up EV production

[ad_1] Polestar 3 Courtesy: Polestar Swedish electric vehicle maker Polestar cut its annual net losses in half last year, while revenue surged and it attempted to set itself apart from…

Fisker confirms Ocean EV deliveries will begin this spring, on track to build over 40,000 in 2023

[ad_1] Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November…

Luxury EV maker Lucid appears to have a demand problem

[ad_1] People test drive Dream Edition P and Dream Edition R electric vehicles at the Lucid Motors plant in Casa Grande, Arizona, September 28, 2021. Caitlin O’Hara | Reuters Luxury…

Lucid’s revenue falls short of estimates as it guides to higher EV production in 2023

[ad_1] Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid Electric vehicle…

Lucid joins the EV discounting fray with $7,500 ‘credits’ on some of its Air luxury sedans

[ad_1] Lucid Air Courtesy: Lucid Motors Lucid Group said Thursday that buyers of certain versions of its pricey Air electric luxury sedan will be eligible for a $7,500 “credit.” But…

Stocks making the biggest moves midday: Sonos, Salesforce, Disney, Credit Suisse and more

[ad_1] These are the stocks posting the largest moves in midday trading. [ad_2] Source link