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Tesla challenger Lucid Motors begins hiring, lays groundwork to make luxury electric sedans

The Bay Area company has started construction of the first phase of its $700 million electric vehicle manufacturing facility in Arizona. Company executives say they don't consider Tesla to be a rival, because those vehicles aren't "luxury.".....»»

Category: topSource: bizjournalsDec 3rd, 2019

Electric car startup with plans for Arizona plant poaches Tesla manufacturing exec

A luxury electric car startup with plans to open a $700 million factory south of Phoenix has poached a former Tesla executive to lead its manufacturing efforts. Newark, California-based Lucid Motors Inc. has brought in Peter Hochholdinger, who had previ.....»»

Category: topSource: bizjournalsJul 1st, 2019

Lucid Motors CTO: We offer a luxury electric vehicle

Saudi Arabia's sovereign wealth fund has invested more than $1 billion in Lucid Motors. CTO Peter Rawlinson explains how the Lucid Air stands out from other electric vehicles......»»

Category: videoSource: cnnSep 17th, 2018

New Tesla Rival Lucid Motors Says "Funding Secured" - Motley Fool

Motley FoolNew Tesla Rival Lucid Motors Says "Funding Secured"Motley FoolLucid Motors says it has "funding secured." The luxury electric-vehicle startup said on Monday that .....»»

Category: topSource: googlenewsSep 17th, 2018

GM electric vehicle strategy last chance for Cadillac"s success: executive

General Motors Co's strategy to make its luxury Cadillac marque its lead electric vehicle brand is the automaker's final opportunity to turn the unit around and make it a success, a top executive said on Monday......»»

Category: topSource: reutersJan 14th, 2019

GM"s EV strategy last chance for Cadillac"s success: executive

General Motors Co's strategy to make its luxury Cadillac marque its lead electric vehicle brand is the automaker's final opportunity to turn the unit around and make it a success, a top executive said on Monday......»»

Category: topSource: moneycentralJan 14th, 2019

GM"s battery partnership with LG Chem will have 2 major benefits as the company begins the transition to electric vehicles (GM, KRW)

Ruben Sprich/Reuters On Thursday, General Motors and LG Chem announced that they will sp.....»»

Category: topSource: businessinsiderDec 8th, 2019

Exclusive: GM, LG Chem to announce EV battery joint venture in Ohio - sources

General Motors and South Korea's LG Chem are set to announce on Thursday a 50:50 joint venture in Ohio to make electric vehicle batteries, sources familiar with the matter told Reuters......»»

Category: topSource: reutersDec 5th, 2019

12 most anticipated new cars and trucks of 2020: These upcoming vehicles are ones to watch

Electric vehicles from General Motors, Ford, Tesla, Rivian, Volkswagen and Porsche make our list of most anticipated new cars .....»»

Category: topSource: usatodayDec 2nd, 2019

Prepare for landing: $3.25M home south of Phoenix has private runway, airplane hangar

Need extra room for the airplane collection? A property south of Phoenix has the space for you. The property, which encompasses a 155-acre ranch south of Casa Grande, includes a private 2,500-foot runway and 3,000-square-foot hangar to make grocery run.....»»

Category: topSource: bizjournalsSep 22nd, 2019

GM might make the gas-guzzling Hummer electric

A zero-emission Hummer sounds as paradoxical as non-alcoholic whiskey, but General Motors Co. is mulling over the idea of building an electric vehicle that would bring the defunct gas-guzzling brand back to life......»»

Category: topSource: moneycentralJun 17th, 2019

GM Is Planning Electric Cars That Won’t Give Buyers Sticker Shock, General Motors President Says

And, he says, they'll make money doing it. General Motors Co. is making a big claim about its future electric cars: The automaker will be able to sell them at "very average transaction prices" and be.....»»

Category: europeSource: fortuneJun 5th, 2019

Tesla electric vehicle challenger Lucid Motors appoints Peter Rawlinson as CEO

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 23rd, 2019

Lucid Motors names former Tesla Model S chief engineer as CEO

Electric carmaker Lucid Motors on Tuesday named Peter Rawlinson, former chief engineer of Tesla Inc's Model S, as its chief executive officer, effective immediately......»»

Category: topSource: reutersApr 23rd, 2019

GM plans to make new electric car, spend $300M, hire 400 workers in Lake Orion

General Motors plans to spend $300 million to build a new electric car north of Detroit. It will add about 4.....»»

Category: topSource: usatodayMar 22nd, 2019

BMW group and Great Wall Motors partner to make electric MINIs in China

BMW Group and the biggest Chinese SUV brand, Great Wall Motor, announced a partnership Tuesday to produce electric MINI vehicles in China as global automakers ramp up development under pressure from Beijing.         .....»»

Category: topSource: usatodayJul 10th, 2018

The Saudis Should Buy Tesla, But Not At $420 Per Share

On Tuesday, Elon Musk tweeted that he was considering taking Tesla Motors (NASDAQ: TSLA) private at $420 per share, an overall valuation of $82B, which would make the electric car maker the most valuable private company in the world. read more.....»»

Category: blogSource: benzingaAug 9th, 2018

Saudi Arabia is talking to an electric-car maker about a deal — and it"s not Tesla

Business Insider/Justin Gmoser Saudi Arabia's sovereign wealth fund is in talks to invest in Californian electric car maker Lucid Motors. L.....»»

Category: topSource: businessinsiderAug 20th, 2018

Tesla whipsaws amid a price target cut and Saudi Arabia looking to invest in an electric competitor (TSLA)

Joshua Lott/Getty Saudi Arabia has been in talks with the electric-car maker Lucid Motors, Reuters reported Monday. JPMorgan cut its price target for Tesla to.....»»

Category: topSource: businessinsiderAug 20th, 2018

Saudi"s PIF invests over $1 billion in electric carmaker Lucid Motors

Saudi Arabia's Public Investment Fund said on Monday it had agreed to invest more than $1 billion in Silicon Valley-based Lucid Motors to produce electric vehicles......»»

Category: topSource: reutersSep 17th, 2018