Lucid Announces First Quarter 2023 Financial Results

[ad_1] NEWARK, Calif., May 8, 2023 /PRNewswire/ — Lucid Group, Inc. (NASDAQ: LCID), setting new standards for luxury electric experience with the Lucid Air, winner of the 2023 World Luxury Car Award,…

Lucid Joins the United Nations Global Compact

[ad_1] Demonstrates Lucid’s Commitment to Inspire the Adoption of Sustainable Transportation NEWARK, Calif., April 19, 2023 /PRNewswire/ — Lucid Group, Inc. (NASDAQ: LCID), setting new standards for luxury electric experience…

To Get the EV Tax Credit, You Will Now Have to Buy an American Brand

[ad_1] New restrictions on qualifying for the as much as $7,500 EV tax credit mean that only U.S. brands currently qualify. [ad_2] Source link

Ram’s New Electric Pickup Truck Aims for Battery Range of 500 Miles

[ad_1] The Ram 1500 REV is likely to go on sale next year and will try to surpass the ranges of EV rivals. [ad_2] Source link

C3.ai, Western Alliance, Albemarle, Tesla, and More Stock Market Movers

[ad_1] C3.ai (AI) had fallen 15% Wednesday after closing down more than 26% on Tuesday after short seller Kerrisdale Capital published a letter to the artificial intelligence software company’s auditors alleging a series…

EV Startup Lucid Cuts 18% of Workforce, Including Some Executives

[ad_1] The maker of high-end electric cars plans to lay off about 1,300 employees. [ad_2] Source link

Move Over EVs, Hybrids Are Hot in China

[ad_1] The success of China’s Li Auto underlines the risks of an all-or-nothing approach to the shift to electric vehicles. [ad_2] Source link

EV Startups Have a New Bottleneck: Demand

[ad_1] Lucid shares are down 14% premarket after the luxury electric-vehicle company said reservations had fallen since November. [ad_2] Source link

EV Startup Lucid Aims to Nearly Double Production in 2023

[ad_1] The electric-vehicle maker’s CEO said its forecast, which is below analyst expectations, reflects economic concerns. [ad_2] Source link

SPAC Deals Shrink After Speculation Wanes

[ad_1] Markets Finance Small mergers to take startups public are replacing the splashy deals of 2021 [ad_2] Source link