US electric car manufacturer Lucid Motors increased its revenue by 68 percent to $1.35 billion last year. However, as in ...

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NEWARK — Lucid Group will slash hundreds of Bay Area jobs, a downsizing ushered in by billions of dollars in red ink that has stained the electric vehicle maker’s balance sheet.

The future of transportation is electric. Tesla proved with the Model S that customers would want to buy luxury vehicles ...

As with many other EV-only automakers, Lucid Motors is forced to face the new realities of the U.S. electric car market in the wake of last year's termination of the $7,500 EV federal tax credit and ...

Legislation in the state Senate would put the companies on the same footing as Tesla. It has support from auto dealers, who ...

Lucid Group (NASDAQ: LCID) makes some of the most impressive electric vehicles (EVs) we've seen to date. The Lucid Air shines for its industry-leading range and terrific handling, and the new Gravity ...

Thanks to OTA updates, it’s finally the car it was supposed to be from the get-go. On the money front, however, things aren't ideal. The Lucid Air received more than 60 over-the-air software updates ...

The Newark-based manufacturer is cutting hundreds of roles to improve gross margins. Production staff at the Arizona factory will not be affected.

Lucid Motors, the California-based electric vehicle manufacturer with factories in Casa Grande, is laying off about 12% of ...