#LUCIDMOTORS

Autonomous Vehicles

Lucid Motors Sets Sights on Autonomy with New Hire

Eugene Lee brings 20 years of autonomous vehicle experience to the EV startup

Propulsion

Lucid Motors Hopes to Build 15,000 EVs in 2021

Lucid Motors Inc. says it expects to produce 15,000 all-electric Air sedans in 2021 at the factory it is constructing in Casa Grande, Ariz.

Assembly

Lucid Motors Breaks Ground on Arizona Factory

Electric vehicle startup Lucid Motors aims to have the first phase of construction completed within a year for its assembly plant in Arizona.

Production

Lucid Motors Files Plans for Arizona Factory

Electric vehicle startup Lucid Motors Inc. has formalized plans to construct its $675 million manufacturing facility in Casa Grande, Ariz.

Design

Two More Tesla Executives Quit

Two more senior executives at Tesla Inc., who headed engineering and directed European operations, reportedly have left the company.

Tesla’s Ex-Production Chief Lands at Lucid Motors

Peter Hochholdinger, former head of production at Tesla Inc., has been named vice president of manufacturing at electric car startup Lucid Motors Inc.

Lucid Motors Names Rawlinson as CEO

Electric car startup Lucid Motors Inc. has named Peter Rawlinson as CEO, effective immediately.

Production

Lucid Moves Forward with Plans to Launch EV Next Year

Silicon Valley-based electric vehicle startup Lucid Motors Inc. aims to break ground this spring on a $700 million manufacturing facility in Casa Grande, Ariz., and begin making luxury EVs there in 2020.

Hybrid

Startup Lucid Motors Aims to Share Its EV Tech

Lucid Motors Inc., which aims to launch its first electric vehicle in 2020, says it is in talks to share its technology with other carmakers and plans to float an initial public offering in a few years.

Hybrid

Lucid Motors to Use Electrify America Charging Network

Lucid Motors Inc. has signed an agreement that will allow buyers of its upcoming electric vehicles to use Volkswagen AG’s Electrify America charging network.

Propulsion

Saudi Fund Invests in Lucid Motors

Lucid Motors Inc., a California-based electric vehicle startup, says it has secured more than $1 billion from Saudi Arabia’s Public Investment Fund (PIF). A Reuters report last month indicated such a deal was being considered.

Propulsion

Report: Saudi Fund in Talks with Lucid Motors

Saudi Arabia’s Public Investment Fund, which bought a nearly 5% stake in Tesla Inc. earlier this month, is mulling a $1 billion investment to gain majority ownership of rival electric vehicle maker Lucid Motors Inc.

Business

Lucid Motors Pursues Funding, Considers Sale

Lucid Motors Inc. says it needs a fourth round of funding before moving ahead with plans to build a factory in Arizona to make electric cars.

Hybrid

Lucid to Start EV Pricing at $52,000

Lucid Motors Inc. says the base price of its Air electric vehicle will be $60,000, excluding tax credits. This would undercut the starting price of a Tesla Model S electric sedan by more than $11,000.

Hybrid

Samsung Touts Fast-Charging, Long-Range EV Battery

South Korea’s Samsung SDI Co. says it is developing a high-energy-density lithium-ion battery system that would enable electric vehicles to travel 600 km (373 miles) and be recharged to 80% capacity within 20 minutes.

Propulsion

Lucid Airs High-Performance EV

Menlo Park, Calif.-based electric vehicle startup Lucid Motors Inc. (formerly Atieva) on Wednesday unveiled its first vehicle, the Air electric sedan, which it plans to launch in about two years.

Propulsion

Lucid to Source EV Batteries from Samsung

Menlo Park, Calif.-based electric vehicle startup Lucid Motors Inc. says South Korea’s Samsung SDI Co. will be a “major” supplier of lithium-ion batteries for the EV the carmaker plans to launch in 2018.

Production

EV Startup to Build Plant in Arizona

Lucid Motors Inc. (formerly Atieva Inc.) has selected Casa Grande, Ariz., as the site to produce the electric vehicle it announced last month.

Hybrid

EV Startup Targets 2018 Launch

Menlo Park, Calif.-based electric vehicle startup Atieva Inc. has changed its name to Lucid Motors Inc. and plans to launch an electric car in 2018.