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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

Lucid Motors suitor"s stock hit a new high afer the Tesla-rival"s CEO did a TV interview

Investors who have driven up the stock of a "blank check" company they believe will merge with Lucid Motors Inc. bid it up even higher on Feb. 6 after the luxury electric car maker's CEO made an appearance on CNBC. Peter Rawlinson, who heads the.....»»

Category: topSource: bizjournalsFeb 8th, 2021

Lucid Motors opens first South Florida showroom for luxury EV (Photos)

Lucid Motors opened its first South Florida showroom in West Palm Beach to display its new luxury electric vehicle. The Newark, California-based company is opening showrooms nationwide as it prepares for delivery of its first vehicle, the Lucid A.....»»

Category: topSource: bizjournalsJan 23rd, 2021

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

Ford Lightning Price Cut "Sends Shockwaves Through EV Market" 

Ford Lightning Price Cut "Sends Shockwaves Through EV Market"  Shares of Rivian Automotive, Lucid Group, and Tesla Motors moved lower during the cash session in the US after Ford Motor announced price cuts for its electric F-150 Lightni.....»»

Category: blogSource: zerohedgeApr 11th, 2024

Chip shortage pushes electric vehicle maker Lucid Motors to seek alternatives

The Newark-based electric vehicle maker is evaluating alternatives to the semiconductors it had planned to use......»»

Category: topSource: bizjournalsMay 25th, 2021

ElectraMeccanica already hiring as construction begins on $35M Mesa plant

The $35 million plant will eventually employ about 500 people and will produce the company's fully electric, one-person vehicle......»»

Category: topSource: bizjournalsMay 11th, 2021

Tesla rival Lucid Motors to run commercial during Elon Musk"s SNL episode

Electric car maker Lucid Motors has a plan to upstage Tesla founder Elon Musk during his highly anticipated appearance as guest host of “Saturday Night Live” this weekend......»»

Category: topSource: foxnewsMay 8th, 2021

Lucid, Rivian Sued In Illinois Over Direct Sales Model

A lawsuit has been filed against electric vehicle startups Rivian Automotive and Lucid Motors in Illinois for selling vehicles directly to consumers in the state. read more.....»»

Category: blogSource: benzingaMar 30th, 2021

Why Lucid CEO Doesn"t See Apple Car As Threat To EV Makers Like His Company And Tesla

Lucid Motors CEO Peter Rawlinson told CNBC in an interview on Tuesday that his electric vehicle startup welcomes potential competition from a company like Apple Inc. (NASDAQ: AAPL). read more.....»»

Category: blogSource: benzingaMar 17th, 2021

Tesla has "significant first-mover advantage" in the electric vehicle space - but 3 smaller names are also poised to succeed as EV sales climb in 2021, CFRA says

Tesla has established a "significant first mover advantage" over new entrants in EV market, but Rivian, Lucid Motors, and Fisker are also attractiv.....»»

Category: worldSource: nytFeb 25th, 2021

: Lucid Motors finally confirms SPAC deal, and the stock is plunging

After weeks of spiking share prices for a blank-check company rumored to be targeting the acquisition of electric-vehicle company Lucid Motors, the two parties officially announced a deal Monday afternoon, and the stock sank sharply......»»

Category: topSource: marketwatchFeb 22nd, 2021

Lucid Motors Deal With Churchill Capital IV Could Be Announced Tuesday: Bloomberg

One of the most talked about SPAC deals and electric vehicle stories could also be the highlight of the coming trading week, with a deal announcement nearing the finish line. read more.....»»

Category: blogSource: benzingaFeb 21st, 2021

Lucid Motors suitor’s stock has tripled on belief a deal is coming

Investors are betting heavily that blank check company Churchill Capital Corp. IV is going to make a deal to take Lucid Motors Inc. public. Shares of the New York special purpose acquisition company (NYSE: CCIV) closed at $32.14 on Tuesday, up 2.....»»

Category: topSource: bizjournalsFeb 2nd, 2021

Tesla Begins EV Sales In Israel One Month After Getting Approval

On Tuesday, Tesla Inc. (NASDAQ: TSLA) announced it will be taking custom preorders for three of its electric car models in Israel in the latest push to make its EVs available worldwide, The Jer read more.....»»

Category: blogSource: benzingaFeb 2nd, 2021

Why Churchill Capital Corp"s Stock Is Trading Higher Today

Churchill Capital IV (NYSE: CCIV) shares are trading higher Tuesday amid investor M&A speculation. The stock has been rumored to merge with electric vehicle company Lucid Motors. read more.....»»

Category: blogSource: benzingaFeb 2nd, 2021