Lucid Motors set a company record for deliveries in the first quarter of 2025, shipping 3,109 EVs to customers in North America, Europe, and Saudi Arabia. It appears that a new company car program and sales to rental fleets helped it get there. According to a footnote in Lucid Motors’ latest regulatory filing, it sold…
Category: Lucid Motors
electric vehicles, EVs, Global Security News, Lucid Motors, Transportation
Lucid Motors’ Gravity SUV dealing with early ‘hiccups,’ interim CEO says
Lucid Motors has been working through some quality “hiccups” in the early stages of delivering its long-awaited electric SUV, according to interim CEO Marc Winterhoff. “It is true that we had some technical issues that we had to overcome around software” and the Gravity’s heads-up display, Winterhoff said on a conference call Tuesday. “There have…
EVs, Global Security News, Lucid Motors, Transportation
Lucid Gravity First Drive: An electric SUV that doesn’t make compromises
Lucid has spent years working on its second EV — a plush van-like SUV designed to be the category killer that could take market share from the likes of other luxury EV and internal combustion people haulers like the Rivian R1S, Cadillac Escalade IQ, BMW X7, and Audi Q8. The Saudi-backed company’s aim was to…
electric vehicles, EVs, Global Security News, Lucid Motors, Nikola, Transportation
Lucid Motors wins bankruptcy auction for Nikola’s Arizona factory and other assets
EV startup Lucid Motors has emerged as a surprise winner in the bankruptcy auction for electric trucking company Nikola’s Arizona factory and other assets, according a late Thursday court filing. Lucid committed around $30 million in cash and non-cash considerations in exchange for the factory, Nikola’s lease on its Phoenix headquarters, and “certain machinery, equipment…
Global IT News, Global Security News, Lucid Motors, Peter Rawlinson, Transportation
Lucid Motors CEO Peter Rawlinson steps down
Lucid Motors is changing CEOs for the first time in nearly six years. The company announced Tuesday that Peter Rawlinson is stepping down from the CEO and CTO roles that he’s held since before the company went public. Lucid appointed its chief operating officer Marc Winterhoff as its interim CEO. Rawlinson will serve as “strategic…