Lucid secures $1.5 bn from Saudi PIF for electric SUV expansion
Lucid Group, the electric vehicle (EV) manufacturer, has announced a significant financial boost with up to $1.5 billion in funding ...
Tag: Lucid
Rivian reports $1.16 bn revenue, $1.46 bn loss in Q2 2024
Rivian Automotive has reaffirmed its production forecast for 2024, despite reporting higher-than-expected losses in the second quarter. The electric vehicle ...
Lucid Motors trims staff by 6% as EV demand slows
Lucid Group Inc., a prominent electric vehicle (EV) manufacturer, has announced plans to reduce its workforce in the United States ...
Saudi Wealth Fund injects $1 bn lifeline into Lucid Motors
California-based electric vehicle (EV) startup Lucid Motors (LCID.O) secured a cash injection of $1 billion on Monday. The funding comes ...
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